Korea Joongang Daily
Korea JoongAng Daily

Costco becomes biggest company yet to demand refund of Trump tariffs

Costco is joining other companies that aren't waiting to see whether the Supreme Court strikes down U.S. President Donald Trump's most sweeping import taxes. They're going to court to demand refunds on the tariffs they've paid.

2025-12-03

U.S. considers banning Iranians from shopping at Costco during UN meeting

The United States is considering restricting Iranian diplomats' shopping at Costco during United Nations meetings alongside potential travel bans on several delegations.

2025-09-05

How a new Costco tore a Korean province in half

Costco's planned store in Iksan, North Jeolla faces opposition from local merchants concerned about potential economic impacts on small businesses.

2025-08-27

Lululemon files lawsuit against Costco, claims company is selling 'dupes' of some of its products

Lululemon has filed a lawsuit against Costco that accuses the wholesale club operator of selling lower-priced duplicates of some of its popular athleisure clothing.

2025-07-02

Construction for first Costco branch in southwest Korea set to begin in summer

Construction for Costco's Iksan branch in North Jeolla, the warehouse retailer's first in Korea's southwestern region, will finally start this summer after facing multiple delays, the city's mayor said Thursday.

2025-06-26

Costco to hike Korean membership more than Japanese, U.S equivalents

Costco will increase membership fees in Japan on May 1, with the basic Gold Star membership rising 9 percent.

2025-02-06

Costco to hike membership fees in May

Costco Korea will increase membership fees by up to 15 percent starting May 1, following a previous hike in the United States and Canada in September.

2025-02-03

Impeachment turmoil delays construction projects, including a Costco

Political turmoil in Korea is delaying construction projects, including Costco's plans for a new store, increasing bankruptcies in the industry.

2024-12-17

Costco store to open in Iksan by end of 2025

Costco Korea is set to open its first warehouse store in Iksan with an investment of 80 billion won, targeting customers outside of the Seoul metropolitan area.

2024-05-08

Costco employee's death ruled an industrial accident

The death of Costco employee Kim Dong-ho, caused by extreme heat and severe dehydration, has been officially recognized as an industrial accident. An investigation is underway to determine whether Costco violated safety regulations.

2023-11-03