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Costco Wholesale Corp.

  • American Express lost Costco, but it gained its rival

    Bentonville, Ark. -- In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

    Starting Oct. 1, all Sam’s Club locations in the U.S. and Puerto Rico will take American Express cards at checkout. Earlier this year Costco ended its 16-year relationship with American in favor of Visa after the two companies could not come to an agreement on new terms.

  • What’s in a name? Costco finds out

    New York – What’s in a name? When that name is Tiffany, as Costco discovered, potentially some hefty financial penalties.

    Federal judge Laura Taylor Swain has ruled in favor of Tiffany & Co. in a suit the luxury retailer initially brought against Costco Wholesale Corp. in February 2013. The civil suit sought damages for what Tiffany said were fake “Tiffany” engagement rings Costco sold at one of its stores in Huntington Beach, California.

  • Costco photo center returns after July breach

    Issaquah, Wash. – Costco Wholesale Corp. is finally getting its online photo center partially up and running following a July 2015 data breach at the third-party hosting provider.

    Returning users will have to create a new password before re-entering the site.

    All photo center products except the mobile app, framed prints and mail order products are once again fully available. Costco expects to have the mobile app and mail order option available by the end of September, and framed prints available by mid-October.

  • Sam’s Club looks to take on Costco in car shopping

    Bentonville, Ark. -- Sam's Club is taking on Costco in the auto buying program business by teaming up with one of the biggest names in car-shopping.

    The all-new Sam's Club Auto Buying Program will now be powered by TrueCar, Sam's Club announced Thursday. Sams Club says members will have access to more than 10,000 TrueCar Certified Dealers nationwide, more than three times the nearest competitor in the warehouse club channel (i.e., Costco).

  • Sam's Club seeks to beat Costco on car shopping

    Sam's Club is taking on Costco in the auto buying program business by teaming up with one of the biggest names in car-shopping in an effort to boost its auto business.

    The all-new Sam's Club Auto Buying Program will now be powered by TrueCar, Sam's Club announced Thursday. Sams Club says members will have access to more than 10,000 TrueCar Certified Dealers nationwide, more than three times the nearest competitor in the warehouse club channel (i.e., Costco).

  • Why Costco may be the envy of Walmart

    Despite reporting ho-hum sales for July, Costco said Thursday that its comps for the fourth quarter and fiscal year were up an impressive 6%.

  • Lowe’s makes big purchase for big Hawaii store

    Mooresville, N.C. – Lowe’s Companies Inc. is making a big purchase that will enable it to build a big store on one of Hawaii’s biggest islands.

    The retailer is purchasing an 11-acre property in Kahului, Hawaii for $18.7 million from A&B Properties Inc., a subsidiary of Alexander & Baldwin.

    Lowe’s plans to build a 167,000-sq.-ft. store on the site, located on the island of Maui. The new store will be 16% larger than Lowe’s current store in Kahului, which it leases from a third party.

  • BJs names president and COO, successor to Sen?

    Christopher Baldwin has been named president and COO at BJ's Wholesale Club, Inc., putting the former Hess Retail CEO in position to succeed Laura Sen as CEO of the 208 unit warehouse club chain.

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