Costco news stories on Newser

And America's Best Bagels Are...

Matt Cantor — Sun, 25 Mar 2012 15:47:05 CDT

You don't have to be in New York to get a good bagel, Consumer Reports finds: Three big brands offer decent alternatives. In a comparison of eight plain and four "everything" bagels, testers found Dunkin' Donuts, Lender's Original, and Costco to be the best options. Each scored well in the...

20 Costco Workers Hit $201M Lottery Jackpot

John Johnson — Fri, 03 Jun 2011 13:43:24 CDT

A Long Island Costco store had to make do with a skeleton crew because 20 employees struck it rich in the lottery, reports the New York Post . They hit the $201 million Powerball jackpot Wednesday, meaning they'll pocket about $3.5 million apiece if they take the lump-sum payout ($106...

Now at Costco: A $1M Diamond Ring

Kevin Spak — Fri, 08 Apr 2011 11:57:26 CDT

Finally, Costco is catering to its multi-millionaire clientele. The discount retailer is now selling a 6.77 ct diamond ring for a million bucks, the Consumerist reports. Costco has sold some high-end diamond jewelry in the past, starting with a $180,000 ring in 2005, but a million is quite...

Costco Fights Washington Liquor Laws

Kevin Spak — Fri, 18 Jun 2010 17:05:00 CDT

Costco is out to change the face of alcohol distribution—and, not coincidentally, sell booze at the same steep discount it applies to everything else. It’s starting with a push in its home state of Washington, where the retain giant has pumped $500,000 into a campaign to change the...

'Prepper' Movement Goes Mainstream

Evann Gastaldo — Sun, 23 May 2010 12:30:00 CDT

The “ preppers ”—survivalists hoarding supplies and learning essential skills in anticipation of a disastrous event—may have seemed like a fringe movement at first, but they’re growing. Don’t believe it? Just take a look at the numerous blogs, podcasts, and websites that teach everything from what supplies to stockpile to...

Coke, Costco Bury the Hatchet

Nick McMaster — Thu, 10 Dec 2009 13:51:00 CST

Coca-Cola and Costco have ironed out a pricing dispute that kept the warehouse chain from restocking its shelves with the soda titan's products for over a month. Coke devotees should be seeing their favorite beverages at the stores soon, Costco CFO Richard Galanti said. "Our sign on shelves—'Until we...

Starbucks Goes Instant

Jason Farago — Tue, 29 Sep 2009 06:59:11 CDT

Following a three-city test run, Starbucks is rolling out its new Via coffee across the country today, offering java-fiends an instant brew that costs less than a buck—and is purported to taste just as good as the real thing. The recession-hit coffee chain is selling the powder in Target...

Stocks Up on Positive Job Data

Kevin Spak — Thu, 04 Jun 2009 08:49:38 CDT

Stocks inched higher this morning as investors chewed on retailer and jobs data. The Dow added 17 points while the Nasdaq and S&P rose 9.03 and 3.17 points respectively. Jobless claims took a rare step in the right direction last week, with ongoing claims dropping for the first...

Retail Drives Dow Down 122

Nick McMaster — Wed, 04 Feb 2009 15:15:33 CST

The stock market saw losses today as ugly earnings reports and continued uncertainty over the banking sector soured investor confidence, the Wall Street Journal reports. Bank of America, off 10.6%, was that sector’s big casualty; a grim forecast pushed Costco down 6.8%. The Dow fell 121.70 to...