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The Latest Breaking News from Richard Galanti

Fortune 500 companies turn to external talent for CFO roles

External hiring of finance chiefs hit a 10-year high in 2024, according to Crist Kolder Associates' annual report.

Fortune

How Costco is easily outdoing Target in this weird economy

Costco is proving far more adept than Target in adjusting to the weird economy.

Fortune

Costco's new CFO oversaw a fee hike—part of a strategy his predecessor followed for almost 40 years

The timing and size of a fee increase is one of the most important decisions made by a Costco CFO.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

ostco stock falls despite strong sales, membership fee increase

Former CEO Craig Jelinek and ex-CFO Richard Galanti had previously held off on raising fees as customers dealt with high inflation.

Fortune

Costco's membership fee hike is the new CFO's first big move—but it was all part of a master plan

The new CFO was a rare outsider to join Costco's C-suite.

Fortune

Costco unveils major membership fee update

Costco hasn't had a membership fee increase since 2017.

The Street

Costco accused of pricing practice members won't like

The warehouse club has built its entire business on transparency and trust with its members.

The Street

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Costco makes huge change, shares news on membership fee increase

The warehouse club has gone well past the normal timeframe when it has raised the cost of a membership.

The Street

Costco CEO promises the hot dog and drink combo will never cost more than $1.50

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after suggesting a change

Fortune

Costco weighs-in on membership fee increase

Costco's quarterly sales included more than $1.2 billion in membership fees.

The Street

Costco has 2 secret weapons in price battle with Walmart, Target

The warehouse club has two big answers to a key Target and Walmart strategy.

The Street

Costco offers members more product deals if they know where to go

The warehouse club's members may not know that it exists.

The Street

Costco faces a problem bigger than retail theft and inflation

The warehouse club faces an issue that could force it to raise prices.

The Street

Costco quietly making shopping change customers should love

The warehouse club is doing something very unexpected that members will be happy about.

The Street

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The Street

Costco has a new way to make money members will love

The warehouse club is well behind rivals like Amazon in a key category, and fixing that will lead to lower prices.

The Street

Costco has an answer for Sam's Club's expansion plan

The two warehouse clubs are stepping up their competition.

Salon

Costco to crack down on its food court

Non-members will no longer be able to enjoy menu item discounts without purchasing a Costco membership

The Street

Costco makes a huge change to a signature food item

The warehouse club has made a change to a product it has gone to great lengths to keep exactly the same.

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news in one place.

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The Street

Costco shares a secret as it makes a huge change

The warehouse club faces a situation it has rarely had to deal with, but it has a plan members (and investors) need to know.

Salon

Sushi is coming to Costco

Costco CFO Richard Galanti said the big-box retailer has “two more planned to open in the very near future"

The Street

Costco shares a new pricing policy members will love

Walmart, Best Buy, Lowe's, Home Depot and Target may not be as thrilled by what the warehouse club is doing.

The Street

Walmart joins Costco in sharing key pricing news

Both Walmart and Costco have said something some customers won’t want to hear.

The Street

Analysts update Costco stock price targets after earnings

Here's what could happen to Costco shares next.

The Street

Costco makes a decision on membership-price increases

The warehouse club has seen its membership grow and its retention rates remain very high.

The Street

Costco analysts tweak price targets as membership fee hike on the table

Costco's stance on membership fees could be the key takeaway from its fiscal-second quarter-earnings report.

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