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Costco CEO: Membership Card Is 'Most Important Item We Sell'
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Costco CEO: Membership Card Is ‘Most Important Item We Sell’

Costco’s new CEO, who started as a forklift driver at the company at age 17, considers one of the wholesale giant’s products to be its most valuable — and it’s not the famous hot dog deal or the rotisserie chickens. It’s the Costco membership card. Costco CEO Ron Vachris, who became the chief executive in...

GM Taps Costco to Sell Chevrolet, Cadillac Electric Vehicles
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GM Taps Costco to Sell Chevrolet, Cadillac Electric Vehicles

Costco helped sell more than half a million cars last year. Now General Motors, home of the Chevrolet and Cadillac brands, is tapping into Costco’s 50 million U.S. members to bring its electric vehicles to a wider audience. GM told CNBC on Friday that it is using the Costco Auto Program, which charges automakers and...

Costco May Stop Selling Books Year-Round. Here's Why.
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Costco May Stop Selling Books Year-Round. Here’s Why.

Starting in January, what was once a year-round section at Costco could become a seasonal occurrence. The New York Times reports that Costco’s famous book table may cease to be a regular fixture in stores around the U.S. starting next year, and only return around the holiday season, from September to December. Though Costco has...