Tag: Costco

September 27, 2023

Sirius XM — Shares of the media company fell roughly 2% in premarket trading. A day earlier, Liberty Media proposed combining the Sirius XM tracking stock with the radio company. A special committee composed of board members of Sirius XM […]

April 5, 2019

New lower prices at Whole Foods Market may not dispel the natural grocery chain’s “whole paycheck” reputation, but it could build stronger relationships with owner Amazon.com Inc.’s Prime members, much like Costco Wholesale Corp. has with its loyal repeat customers. […]

December 29, 2017

The so-called retail apocalypse has caused all sort of havoc in 2017. Malls are struggling, stores are closing, and bankruptcies have been prevalent. But just because the climate has been bad for some retailers, does not mean that every player […]

December 18, 2017

Costco shares tumbled over the summer on worries the Amazon and Whole Foods Market merger will hurt the retailer’s business. But one Wall Street firm says the retailer’s e-commerce growth will be a catalyst to lift the stock to new […]

October 6, 2017

Costco is rolling out new delivery options in an effort to take on Amazon. On Thursday, the retailer announced that Costco Grocery will offer two-day delivery on nonperishable items, like cookies, cereal, and canned foods, starting this week. Delivery will […]

March 1, 2017

Amazon and Trader Joe’s are America’s favorite retailers, according to a new survey. The e-commerce company and grocery chain each received a a score of 86 out of 100 in the latest American Customer Satisfaction Index, which was released on […]

January 20, 2017

Citigroup’s acquisition of Costco’s co-branded credit card portfolio from Amex in June 2016 continues to pay off. In its Q4 2016 earnings release, Citi posted 8% overall revenue growth on a constant-currency basis. The Costco portfolio appears to be a […]

June 17, 2016

Costco Wholesale (COST) will switch to Visa (V) credit cards in four days, marking the end of its 17-year alliance with American Express (AXP) . This means American Express cards will no longer be accepted at Costco as of Monday. […]

January 22, 2016

When Costco announced in 2015 that it would switch its co-branded credit card from American Express to Visa, some cardholders got nervous. Even though they’d be able to keep earning special credit card rewards as Costco members, they worried that […]