02/26/2013 - 4:00pm

Several pharmacy retailers got top place in a recent consumer satisfaction survey.

02/25/2013 - 11:34am

Health insurer Aetna is offering individual health insurance plans to Costco members in Florida, the insurer said.

02/15/2013 - 11:42am

Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

02/14/2013 - 12:30pm

The investment groups of billionaires Warren Buffett and Jorge Paulo Lemann will buy H.J. Heinz for about $23 billion, according to published reports.

02/07/2013 - 11:28am

Costco's sales increased 7% in January compared with January 2012, the club retailer said.

02/05/2013 - 11:24am

Costco will replace Coke with Pepsi at its in-store lunch counters, according to published reports.

01/30/2013 - 1:32pm

Aetna is offering individual health insurance plans to Costco members in California, the health insurer said.

01/25/2013 - 4:30pm

Walmart recently announced that it would source $50 billion of the products sold in its stores in the United States over the next 10 years, according to a report in USA Today.

"Be American; buy American" has long been a slogan that makes buying U.S.-made goods sound nothing less than patriotic because it helps create American jobs, much like CVS' initiatives to create jobs for veterans, and the recent Made-in-USA fervor around the country has more than demonstrated that. But there are practical reasons for sourcing domestically as well, making it high time for retailers to start looking into putting more products with the "Made in USA" label on their shelves.

01/18/2013 - 4:23pm

Costco announced in its January 2013 magazine that it would begin offering pharmacy benefit management services, targeting small businesses and highlighting a 200-employee company based in Washington state.

It remains to be seen whether the club retailer's efforts to compete with the existing PBM businesses of companies like CVS Caremark, Walgreens and Walmart will be successful, and analysts like Citi's Deborah Weinswig appear skeptical that they will. But whatever the outcome, it's clear that Costco is looking to compete in a bigger way.