Costco food court brings back fan favorite
The warehouse club giant is making another big change.
While many retailers are buckling under the weight of inflation and sky-high interest rates, Costco is thriving.
Its earnings missed analysts' expectations but the membership-based warehouse club retailer beat revenue expectations for its fiscal second quarter and reported a 7.4% year-over-year increase in membership-fee revenue.
At a time when consumers are curbing their spending in response to higher costs and economic fears, Costco is able to maintain a loyal customer base by prioritizing value and innovating.
