Costco Wholesale Corp. is raising pay for most of its hourly US workers to more than $30 an hour amid contract talks with unionized employees.
Led by Texas Attorney General Ken Paxton and Iowa Attorney General Brenna Bird, the Republican officials instructed Costco to let them know within 30 days whether it would get rid of its DEI policies or explain why not. Costco did not immediately respond to a request for comment.
Costco rejected a bid to have their DEI policies investigated for risk Friday, but conservative activists say the fight is just beginning.
Costco's public support of DEI programs contrasts with positions taken in recent months by other big U.S. brands
Donald Trump’s administration is ending federal DEI programs in America, and multiple corporations have followed suit.
What's new at Costco this February? Quite a bit, actually! There are more than 200 new arrivals at the warehouse club at the time of writing this piece across clothing, appliances, grocery and
In early January it was revealed that Walmart's washed and ready-to-eat 12 oz. Marketside Broccoli Florets were voluntarily recalled by Braga Fresh due to a possible contamination of Listeria monocytogenes. Although the item is no longer on shelves, consumers could still have bags in their freezer.
In a letter to Costco's CEO, 19 Republican state attorneys general urged the company to end the DEI policies it had publicly supported.
Walmart-owned Sam's Club saw a huge jump in this year's customer satisfaction rankings, while Costco's score slipped slightly.
You can trace Walmart's great stock performance back to its excellent business trends. Those showed up mainly in market share growth, e-commerce gains, and rising profitability. Let's briefly review each trend to see whether Walmart can extend its positive momentum toward 2027.
Costco Wholesale Corp. is raising pay for most of its hourly US workers to more than $30 an hour amid contract talks with unionized employees.
The subscription model is a key strength, contributing significantly to Costco's net income, but revenue growth has slowed. Read why COST stock is a Sell.