Though it's better known for bulk deals for budget-savvy members, Costco also sells more expensive items geared toward ...

It’s no wonder we still practice similar customs today by hoarding fine china and fragile dinnerware sets to pass down from ...

10-karat diamonds,” James said. While most of Costco’s members are “average-income earners,” James noted that “affluent members with two times the average income” allow the business to ...

From its $1.50 hot dog combo to its $4.99 rotisserie chicken, Costco is known for the great deals it offers customers. But the wholesale chain's focus on value appeals to more than just budget ...

"Since the beginning, we’ve always known we could move anything in volume if the quality was good and the price was great—Rolex watches, Dom Perignon, 10-karat diamonds," James said.

A member of Costco's board for more than a quarter century, the late Charlie Munger said it should keep doing what it's always been doing.