Costco announced that its long-time CEO is stepping down next year. The COO, a company insider, is taking over the reins of this giant retailer.
Jelinek, 71, — who took over the chief executive role from Costco co-founder James Sinegal in 2012 — will serve in an advisory role through April 2024.

Costco boss to step down after more than a decade

04:51am, Thursday, 19'th Oct 2023
Costco Wholesale Corporation (NASDAQ:COST), the wholesale retailer, confirmed its long-time chief executive officer Craig Jelinek is stepping down,with Ron Vachris, the current chief operating officer
Costco Wholesale has announced that CEO Craig Jelinek will be stepping down on Jan. 1, 2024, after more than a decade at the helm of the company, the company reported in a press release Wednesday (Oct

Costco's CEO steps down

05:03pm, Wednesday, 18'th Oct 2023
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.

Costco CEO Craig Jelinek stepping down in 2024

04:50pm, Wednesday, 18'th Oct 2023
CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with news that Costco's CEO will step down in January 2024.
Membership warehouse retail chain Costco Wholesales Corp. on Wednesday said that Craig Jelinek had “confirmed” his intention to step down as chief executive on Jan. 1.
Costco is now offering a few primary care services, much like CVS and Walgreens. It isn't the wholesaler's first step into healthcare, and it might not be the last.

Consumer Staples Find Support, Signal Opportunity

06:06am, Wednesday, 18'th Oct 2023
The consumer staples sector, known for its stability and essential role in daily life, represents companies producing household goods like food, beverages, and personal care products.
Costco focuses intensely on taking care of its customers. Costco's membership model drives loyalty.
Greg Melich, Evercore ISI, joins 'Closing Bell' to discuss retail sales which came in hotter-than-expected.

4 Growth Stocks to Buy and Hold Forever

07:10am, Tuesday, 17'th Oct 2023
Adobe remains a cutting-edge software company that is growing revenue at 10%. Shopify's skyrocketing revenue growth makes it appealing for investors willing to hold through volatility.
Consumer staples stocks were trading higher on October 13 as markets widely anticipated higher interest rates and weakening economic conditions that could boost shares of companies selling essential p

Is Costco Stock a Buy Now?

10:15am, Sunday, 15'th Oct 2023
Costco recently returned to growth in its e-commerce division. Members are renewing their subscriptions at record rates today.
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