Costco

Despite robust, online-driven sales, ‘pricing at that level and shipping costs suggests it’s a very low-profit business at best,’ a Wells Fargo analyst wrote.

E-commerce sales surged 18.4 percent in the quarter, driven by strong demand for gold and silver bullion, appliances, and gift cards, the retailer said.

A bright spot for the Minneapolis-based retailer was holiday profit in the fourth quarter, which rose 58 percent over last year’s final quarter.

Retailers such as Costco, Safeway, Vons, and others sold the recalled products.

The CDC announced it is expanding its investigation into an outbreak of salmonella in meat products sold at Costco and Sam’s Club.

The company made $4.58 billion in membership fees during fiscal year 2023 and has noticed non-members using ‘membership cards that do not belong to them.’

The blockbuster sale comes as gold prices hit an all-time intraday high this month and are expected to remain elevated next year.

More and more stores are making changes to the divisive trend.

Overall, an estimated 182 million Americans will shop in-store and online from Thanksgiving Day through Cyber Monday.

Rep. Christopher Smith and Sen. Jeff Merkley questioned the retail giant’s continued sale of Lorex products, which have been linked to human rights abuses.

“It’s a question of when, not if,” said Costco CFO Richard Galanti in a recent call.

Experts believe the demand for gold is strong due to its ’safe haven' status amid uncertain economic conditions.

Around 125 million Costco members globally can gain access to the medical services.

SpaceX Starlink’s standard kits are now accessible at a Costco store in Japan, making Japan one of the first countries to offer Starlink products in a retail outlet, according to Japanese media.