We all know the business performance of Costco. But do we know what Costco does to the emotional values of its employees? How much respect Costco has for its military personnel.
We all know how big and famous Costco store chain is. Costco is going to close all its 600 US locations stores on Memorial Day. This is being seen as a long-running tradition of Costco which also includes New Year's Day, Easter Sunday, Independence Day, Labor Day, Thanksgiving Day and Christmas Day.
Costco company has a philosophy in which it respects the cultural values, national events or military service and sacrifices for its employees.
Now it remains to be seen what effect it is going to have on our wallet because in the end it is going to affect our daily life in some way or the other.
People who are most dependent on Costco for their needs, who have to make bulk purchases at the last moment and who like to do their shopping at the last moment. For such people, this will be a time of shopping restructure, in which their expenses can also increase by making bulk purchases from other stores.
Costco's website will be available for online shopping, but it may face difficulties in fulfilling its two-day delivery promise.
Whatever stores of Costco were offering limited offers or whose offer was going to end on Memorial Day. Customers will not get the benefit of such offers, which will have a direct impact on their expenses.
These events can also be very beneficial for the business of Costco because its benefit will be taken by its competitive business, in which they will also get a chance to acquire Costco's customers, and it will also impact the financial status of Costco and its customers.
According to analysts, Costco is a tariff winner in 2025. Costco's stock price is also showing good performance without any impact. But due to this closure of Costco, a fall in the stock price of Costco can also be seen.
In short, this Costco closure is being seen as a commitment of Costco along with its employees but in the end business lovers don't like this type of move because it hurts the profit of business.