Costco news

27 September 2021
We look at the recent supply chain challenges that Costco and Walmart are seeing with higher costs, shipping capacity and labour shortages. Costco delays price increases despite the current challenges As with the wider industry, the retailer is facing into with cost, supply chain and labour challenges. Inflationary factors are broad based, but is seeing major increases in shipping costs, pu...
22 July 2021
Costco and Uber have teamed up to test same-day delivery service in Texas. Available across 25 stores in Dallas, Austin and Houston According to Uber, the same-day delivery pilot will take place from 25 locations in Texas. Over the next few weeks, an additional 7 Costco stores will be available to Uber users via Uber and Uber Eats mobile apps.  The minimum order amount is $35 and delivery i...
22 January 2021
Costco is now offering a curbside pickup service at three locations in New Mexico. 2,000 items available to order The same-day curbside pickup service is being powered by Instacart technology and fulfilled by Costco associates. Members can order from about 2,000 items including groceries and select non-food items. Orders must be worth a minimum of $100, while members would have to pay a ...
31 July 2020
Building on an earlier pilot, Costco Canada and Instacart are partnering for a national same-day grocery delivery programme. On-demand delivery Same-day delivery will be offered from 76 of Costco Canada’s 101 outlets. The national roll-out follows on from a two-month pilot in Ontario. Although Costco Canada has offered a non-food, home delivery ecommerce proposition for several years, this ...
12 February 2020
Costco Australia is set to launch an online store that will be available to its members by the end of this month. Service available only to members with an online account Members with an online account will be able to shop online and receive deliveries, although it’ll be pricier than shopping directly in one of the wholesaler’s warehouses, given that the delivery fee will be built into item...
08 November 2019
Costco and Instacart are joining forces to test a one-hour prescription delivery in California and Washington state. Free for orders over $35 The prescription drug can be delivered to a Costco member’s home or office, and delivery fees are waived for orders over $35, otherwise, delivery prices can vary depending on how fast a member needs the medicines delivered. The one-hour option, which ...
19 July 2018
Costco Canada is testing a new two-day grocery delivery service in southern Ontario. Orders fulfilled at Business Center The new service enables members to qualify for free two-day delivery for orders over $75. They will be able to shop a broad range of grocery, consumable and health and beauty categories, although perishable categories will not be included as part of the initial pilot. The...
20 June 2018
Costco Japan has announced plans to launch an online store next year. New online store in 2019 Costco's new ecommerce service will aim to capitalise on growing popularity of online shopping in Japan. It will be particularly relevant to those looking to purchase in bulk, taking advantage of home delivery for heavy but essential items such as water and rice. Full details of the service suc...
06 June 2018
Following its third quarter results, we look at Costco’s ecommerce highlights. Strengthening performance across the business Costco’s third quarter revenue increased by 12.1% to $32.4bn, with net income up 7.1% to $750m. Comparable store sales, excluding fuel and currency impacts, increased by 10.2%. This was almost twice as strong as its performance in Q2. The retailer’s ecommerce sales we...
11 May 2018
Patrick Noone, Managing Director of Costco Australia, has provided an insight into what the retailer has planned for its supply chain, online operations and future expansion. Potential for over 60 Costco stores in Australia Costco currently has nine stores trading in Australia, with two new stores opening in Melbourne and Brisbane by the end of the year and its first Western Australia store...