Latest Costco Wholesale Corp News

AP finds grueling conditions in Indian shrimp industry that report calls 'dangerous and abusive'

Mar. 21, 2024 17:20 PM EDT

SAN FRANCISCO (AP) — Noriko Kuwabara was excited to try a new recipe she’d seen on social media for crispy shrimp spring rolls, so she and her husband headed to Costco’s frozen foods aisle. But when she grabbed a bag of farm-raised shrimp from the freezer and saw “Product of India,” she...

DocuSign, Gap rise; Costco, Marvell fall, Friday, 3/8/2024

Mar. 08, 2024 16:15 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Costco Wholesale Corp., down $60.03 to $725.56. The warehouse club operator's fourth-quarter revenue fell short of Wall Street forecasts. Marvell Technology Inc.,...

Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?

Feb. 27, 2024 10:49 AM EST

Kroger and Albertsons — two of the biggest grocery chains in the United States — had hoped to complete the largest supermarket merger in the country's history this year. But their plan to compete with big-box retailers by combining forces faces legal challenges that make it look far less...

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

Feb. 26, 2024 17:47 PM EST

The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed an administrative complaint against the companies...

Ex-Los Angeles police officer won't be retried for manslaughter for fatal shooting at Costco store

Feb. 15, 2024 19:46 PM EST

INDIO, Calif. (AP) — A former Los Angeles police officer who shot and killed a mentally ill man who attacked him in a Costco store won't be retried for voluntary manslaughter, prosecutors said. Salvador Sanchez won't face a second trial for killing 32-year-old Kenneth French and...

Bean dips, enchiladas and taco kits are among new recalled items linked to listeria outbreak

Feb. 09, 2024 18:07 PM EST

More foods are being recalled in the wake of a deadly outbreak of listeria food poisoning, including snack foods that may be part of Super Bowl Sunday party menus. Seven-layer bean dip, chicken enchiladas, cilantro salad dressing and taco kits sold at stores like Costco, Trader...

Takeaways from the AP's investigation into how US prison labor supports many popular food brands

Jan. 29, 2024 11:27 AM EST

In a sweeping two-year investigation, The Associated Press found goods linked to U.S. prisoners wind up in the supply chains of a dizzying array of products from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola. They are on the shelves of most supermarkets, including...

Walmart's latest perk for U.S. store managers? Stock grants

Jan. 29, 2024 11:22 AM EST

NEW YORK (AP) — Walmart is further sweetening the perks for its U.S. store managers as the nation's largest retailer and private employer seeks to retain its leaders and attract new ones in a still competitive job market. Walmart, which is based in Bentonville, Arkansas, and has...

CDC expands warning about charcuterie meat trays as salmonella cases double

Jan. 18, 2024 18:52 PM EST

Federal health officials are expanding a warning about salmonella poisoning tied to charcuterie meat snack trays sold at Sam's Club and Costco stores. At least 47 people in 22 states have been sickened and 10 people have been hospitalized after eating Busseto brand and Fratelli...

Shopping on New Year's Day 2024? From Costco to Walmart, see what stores are open and closed

Dec. 30, 2023 09:04 AM EST

The New Year is almost upon us. And as the world prepares to ring in 2024, many are winding down from the holidays and getting back into their regular routines — give or take some fresh resolutions. If you're planning on grabbing groceries or doing some other shopping to kick off...