LOS ANGELES—Costco is warning its customers about a recall of Kool-Aid Tropical Punch drink mix that was sold in some of its business centers and warehouses in the Los Angles area. According to a notice from the Kraft Heinz Co. and circulated to Costco members, the recall is “due to the potential presence of foreign…
Costco Alerts Customers to Recall of Kool-Aid Mix Due to Possible Metal, Glass
J&J, Costco Settle Lawsuits Over Recalled Sunscreen
Johnson & Johnson and Costco Wholesale Corp have reached a tentative agreement to settle lawsuits over the presence of a cancer-causing substance in several recalled J&J sunscreen products. Lawyers for the companies and for plaintiffs suing over the Neutrogena and Aveeno-branded aerosol sunscreen products disclosed the settlement in a court filing in the Fort Lauderdale,…
Starbucks, Costco Raising Worker Wages Amid National Labor Shortage
October 28, 2021
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Starbucks and Costco are both raising the hourly wage for employees across the United States in an effort to recruit more workers amid a nationwide labor shortage. Starbucks said in a press release on Oct. 27 that it will be raising nonsalaried workers’ wages to $17 an hour while barista hourly rates will range from…
Starbucks, Costco Boosting Worker Wages Amid National Labor Shortage
October 28, 2021
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Business & EconomyCompaniesCostcoCOVID-19 pandemicemployment rateFederal Reserveinflationpresident joe bidenStarbucksUSUS NewsWalmart
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Starbucks and Costco are raising the hourly wage for their employees across the United States in an effort to recruit more workers amid a nationwide labor shortage. Starbucks said in a statement on Oct. 27 that it will be raising nonsalaried workers’ wages to $17 an hour while barista hourly rates will range from $15 to…
Supply Crunch Drives Costco to Reintroduce Buying Limits on Items Like Toilet Paper
Supply chain problems are pushing Costco to reintroduce purchase limits on key household items like bottled water and toilet paper, according to the company’s chief executive, who cited factors like port delays, driver shortages, and general “COVID disruption.” Richard Galanti, Chief Financial Executive of Costco, told participants on an earnings call on Sept. 23 that the…
862,000 Pounds of Charcuterie Recalled, Linked to Multi-State Salmonella Outbreak
August 30, 2021
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A New Jersey-based charcuterie company is recalling more than 850,000 pounds of uncured ready-to-eat antipasto products because of possible salmonella contamination. The recall involves approximately 862,000 pounds of Italian meats produced by Fratelli Beretta Inc., the U.S. Department of Agriculture’s Food Safety and Inspection Service (USDA) said in a statement. Fratelli Beretta says the products include…
Tiffany, Costco Settle 8-year Lawsuit Over Fake ‘Tiffany’ Rings
NEW YORK—Tiffany & Co has settled its more than eight-year-old lawsuit accusing Costco Wholesale Corp of trademark infringement and counterfeiting for selling generic diamond engagement rings bearing the “Tiffany” name. Monday’s settlement came after the federal appeals court Manhattan in August threw out a $21 million judgment that Tiffany, acquired in January by French luxury…
If the Cyber-Scammer Says ‘I’m With the Brand,’ You Could Be a Prime Sucker
The email smelled as bad as week-old fish: It was a screenshot of a $1,000 cellphone I had supposedly bought on Amazon. I quickly checked my Amazon account. No purchase was recorded. Then I checked my credit card account. Ditto. This was clearly a scam and the real action was the “Amazon” order number and…
Medicare Overpays on Roughly Half of Generic Meds: USC Study
July 6, 2021
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LOS ANGELES, Calif.—A University of Southern California (USC) study released July 6 comparing Medicare prescription drug prices with those paid by Costco members found that the federal government overpaid on roughly half of the most common generic medicines in 2018. The study—which appears as a research letter in JAMA Internal Medicine—compared Medicare Part D prescription…
Mike Lindell: Costco Has Stopped Selling MyPillow Products
MyPillow CEO Mike Lindell said that Costco has stopped selling his products, becoming the latest in a string of retailers to do so. Lindell told the New York Post that Costco has not provided him a reason for the move. According to a search of Costco’s website, MyPillow products are not listed. “Costco basically did…
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