Costco, Teamsters Reach Tentative Deal to Avert Worker Strike

Costco’s Teamsters union members voted last month to go on a nationwide strike if the company didn’t agree to new employee contract.

A worker collects shopping carts in front of a Costco warehouse in Sheridan, Colo., on July 16, 2024. David Zalubowski, File /AP Photo

The Costco Wholesale Corporation and the Teamsters union have reached a tentative agreement to avert a worker strike, according to the union.

Costco Teamsters union members said last month they had voted overwhelmingly in favor of a nationwide strike after Jan. 31, if the company didn’t agree to a new employment contract that “reflects the company’s record-breaking profits.”