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US launches $166B tariff refund portal after Supreme Court rules Trump's tariffs illegal
The US Customs and Border Protection has gone live with a new system allowing importers to claim back $166 billion in tariffs deemed illegal by the Supreme Court. This development is crucial for recovering lost duties and determining the government's handling of large-scale liabilities.
Costco Reveals Plan to Open 30 Warehouses Annually Worldwide, Including New Florida Store
Costco plans to open 30 new warehouses annually over the next decade, including a new store in Port St. Lucie, Florida. This expansion aims to meet growing demand and increase international presence, signaling a strategic push for broader global market share.
Costco Launches New Protein-Rich Lactose-Free Milk in Texas Stores
Costco has introduced a new lactose-free, ultra-filtered milk with higher protein and lower sugar in Texas stores, with plans to expand. The product aims to meet rising demand for nutritious dairy options, potentially influencing competitor offerings.
Supreme Court Strikes Down Trump's Tariffs, Limiting Presidential Power
The Supreme Court has struck down tariffs imposed by President Trump, citing constitutional concerns. This decision is seen as a major check on presidential trade power, with potential impacts on future trade negotiations and policy flexibility.
Major Developments in Trump Tariffs Refunds After Supreme Court Ruling
A Supreme Court ruling has mandated refunds for tariffs applied during Trump's presidency, impacting over 1,800 companies. Major corporations like FedEx are now obligated to return tariffs deemed illegal, with further legal and economic implications expected.
Costco shakes up energy drinks and gas market, pledges to keep $1.50 hot dog price
Costco launched affordable Kirkland energy drinks and maintained the $1.50 hot dog deal amid rising gas prices. These moves bolster member value and influence competitors while driving increased store traffic during inflationary pressures.
Major Retailers Vary Easter Sunday Operating Hours in 2026
Retail chains are adopting diverse strategies for Easter Sunday 2026, with some like Home Depot and Whole Foods staying open, while others like Target close. These decisions influence holiday shopping and employee schedules amid shifting economic and social trends.
Costco speeds up checkout with automation, enhances Kirkland supply chain
Costco is implementing new automated checkout stations to cut transaction times, while also refining its Kirkland Signature supply chain for better control and value. These moves aim to enhance the member experience and operational efficiency, signaling a focus on innovation and cost management.
Sam's Club Raises Membership Fees to $60 and $120, Aiming to Boost Revenue
Sam's Club will raise its annual membership fees starting May 1, 2026, with basic memberships increasing to $60 and Plus memberships to $120. The move aims to drive revenue and encourage upgrades amid fierce competition from Costco and BJ's.
Costco Maintains Competitive Fuel Pricing Amid Rising Gas and Food Costs
Costco’s fuel program offers consistently cheaper gas during global market instability, relying on its membership model and margin management. The company also reports mixed inflation signals, with some food prices falling and others, like beef and candy, rising due to Middle East tensions.
Costco Faces Class Action Lawsuit Over Tariff Refunds and Price Hikes
A class action claims Costco hiked prices due to tariffs and now plans to keep the refunds, charging customers twice. The lawsuit raises questions about corporate accountability and consumer rights during tariff disputes.
Costco's Strategic Moves: Price Target Boost, Membership Boosts Dividends, and Expansion Plans
Bank of America boosts Costco stock target, citing strong membership. Costco enhances credit card benefits over Sam's Club, and plans new warehouse stores to capitalize on membership growth and dividends.
Amazon Launches New Stores to Challenge Costco and Walmart in Grocery Market
Amazon is launching new brick-and-mortar stores targeting Costco and Walmart customers. This strategic move aims to strengthen Amazon’s footprint in the grocery retail space.