Tag #Costco

Showing 1 to 12 of 19 results

theglobeandmail.com
🌐 85% Global Worthiness
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US Restricts Iranian Diplomats' Shopping in New York

The Trump administration has barred Iranian diplomats in New York from shopping at wholesale clubs and buying luxury goods without State Department approval, citing the Iranian people's hardships.

Progress

52% Bias Score

No Poverty
cbsnews.com
🌐 65% Global Worthiness
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Costco Warehouses to Spur Tracy Growth

Costco plans to build two large warehouses totaling 1.7 million square feet on 104 acres near Schulte and Hansen Roads in Tracy, CA, bringing 400 construction jobs and 250 permanent positions, plus $4 million in annual sales tax revenue for the city, pending county approval for land annexation.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Walmart and Costco Raise Retail Worker Pay Significantly

Walmart increased store manager salaries to $620,000 yearly, and Costco raised non-union hourly worker pay to $30, exceeding the national average of $16, amid broader economic uncertainty and layoffs.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Costco Faces Legal Challenge Over DEI Programs

Nineteen state attorneys general sent Costco a letter demanding they end their DEI programs, following Costco's shareholder vote to maintain them, creating a legal battle over the future of corporate DEI initiatives.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Costco Rejects Shareholder Proposal to Review DEI Program Risks

Costco's board rejected a shareholder proposal to review the business risks of its DEI programs, citing the programs' positive impact on innovation and customer satisfaction, contrasting with other companies that have scaled back DEI initiatives.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Costco Defends DEI Initiatives Amidst Activist Pressure

Faced with a shareholder proposal demanding assessment of risks associated with its diversity, equity, and inclusion (DEI) initiatives, Costco's board unanimously rejected it, contrasting with other companies that have reduced their DEI efforts; the final decision rests with shareholders voting in J...

Progress

36% Bias Score

Gender Equality
dailymail.co.uk
🌐 75% Global Worthiness
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Costco's Growth Challenges Walmart's Grocery Dominance

Walmart controls 20% of US grocery sales (25% with Sam's Club), while Costco's share increased from 7.6% in 2023 to 8.5% currently, driven by value offerings and its Kirkland brand.

Progress

32% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Costco Faces Legal Reckoning Over Extensive DEI Program

Costco is facing mounting legal challenges and potential multi-billion dollar lawsuits for its extensive DEI program, which prioritizes race and gender in hiring, supplier selection, and donations, despite recent setbacks for similar programs at other major corporations.

Progress

80% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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18,000 Teamsters Threaten Historic Costco Strike

Approximately 18,000 Teamsters union members at 56 Costco stores across six states are poised to strike on Saturday, demanding improved wages, benefits, and workplace protections, potentially creating the largest retail strike in US history. Negotiations are ongoing, but the union is prepared to pic...

Progress

44% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
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State Attorneys General Warn Costco to End DEI Policies

Nineteen state attorneys general, echoing President Trump's executive order banning DEI from federal agencies, warned Costco to end its DEI policies, threatening legal action if the company doesn't comply within 30 days; Costco shareholders recently rejected a proposal to assess the risks of their D...

Progress

56% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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Menendez Family Meets with DA Amidst Resentencing Discussion

L.A. County District Attorney Nathan Hochman met with several Menendez family members last Friday to discuss a possible resentencing for brothers Eric and Lyle, prompting speculation about potential legal and political implications.

Progress

68% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 75% Global Worthiness
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Costco Stock Surges 39% in 2024, but Renewal Rates Pose a Risk

Costco's stock price increased by nearly 39% in 2024, exceeding market performance due to strong customer traffic, membership growth, and successful private label expansion; however, future growth depends on maintaining membership renewal rates and successful global expansion.

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 12 of 19 results