Costco shareholders reject anti-DEI measure
Former executive NYSE floor governor Jay Woods explains why some large companies are scrapping DEI initiatives in Kabuto: Coast to Coast. Costco shareholders have sharply rejected a proposal calling for a report on the risks associated with implementing its diversity, equity and inclusion (DEI) efforts, the wholesale club said Thursday. Preliminary results show that approximately […]
Costco Refuses to Back Off Diversity, Equity, and Inclusion Practices
Costco appears to be taking a step backwards when it comes to its diversity, equity, and inclusion (DEI) policies, while other companies are backing away from such initiatives. Associated Press (AP) reported The company announced Thursday that it is “withdrawing a shareholder proposal requiring wholesale club operators to conduct an assessment of all business risks […]
Costco defends its diversity policies as other US companies scale theirs back
COSTCO has pushed out to wholesale club operators to promote shareholder proposals that will evaluate business risks brought by their diversity, fairness, and comprehensive practices. Investors were expected to vote for recommendations at the company's annual meeting on Thursday. The Public Policy Research Center, a conservative think tank based in Washington, is suggestionCostco's DEI Initiative, […]
Costco shoppers brawl over coveted Pokémon 151 Blooming Waters cards inside LA store
I have to take it all away. California's Costco has become a fight club, with greedy adults brawling over Pokemon cards that clear store shelves within seconds, risking limb and limb for easy payments. Wild footage captured shoppers fighting over a ton of coveted Pokemon cards at the Atwater Village Costco in Los Angeles on […]
California man sexually assaulted employee handing out free samples at Costco: report
He's the wrong type of Costco guy. A California man who was convicted last year of sexually assaulting two Costco employees, including one who worked at a free sample kiosk, was caught on surveillance video sexually assaulting two Costco employees, authorities said. However, the company plans to appeal the court's decision. Timothy Scott McIlvaine sexually […]
Teamsters authorize Costco strike ahead of Jan. 31 contract lapse
Teamsters working at retail giant Costco voted for: approve the strike Ahead of the contract's expiration on January 31, the labor group said in a statement: The contract covers more than 18,000 Costco employees, and the Teamsters voted by an 85% margin in favor of a strike, the union said. “Costco recently reported annual sales […]
Costco Teamsters vote to authorize strike
Gerald Store, CEO of Store Advisors and former Toys R Us and Target executive, reacts to November's strong retail report and explains how the industry's winners are “value-based” players. Costco's 18,000 Teamsters are preparing to go on strike if they are not presented with a “fair contract offer” by the end of the month. According […]
Costco board member defends DEI, rebukes companies scrapping policies
Costco board members take aim at the company's rollback on diversity, equity and inclusion (DEI) policies, urging the wholesaler to join a growing list of brands abandoning the controversial practice. He called on companies to instead “maximize” DEI in the face of pressure. Jeff Lykes, co-founder of the Lykes Foundation and former CEO of the […]
Costco Brand Cold and Flu Medicine Pulled from Shelves
Medications that have been removed from Costco shelves are being recalled due to possible contamination. The recall includes a drug called “Kirkland Signature Severe Cold and Influenza Plus Congestion” by Fox Business. reported Sunday. In the announcement, LNK International, Inc. dealt with Here's what Costco members have to say about this issue: Costco records indicate […]
Costco cold remedy recalled due to possible ‘contamination’
Costco-branded cold and flu medicine has been removed from shelves “due to possible contamination.” The Kirkland Signature Severe Cold and Flu Plus Congestion recall includes certain lot codes P140082 that were sold at select stores in the Midwest and Southeast, according to a notice shared on the retail giant's website. Item number #1729556 is included. […]