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5 things: Costco keeps the apocalypse alive

Walmart and Costco join Canada’s grocery code of conduct; officials hope code will keep grocery prices down by ensuring fair negotiations between suppliers and retailers

DA Davidson rates Costco at neutral after retailer raises its US and Canada membership fees, which haven't been increased in seven years; fee hike on 52 million members estimated to add US$377M in total revenues over next 24 months, or US$189M annually

Costco to raise annual membership fees in US and Canada, starting Sept. 1; basic fee increases by US$5 to US$65, executive fee rises US$10 to US$130, impacting about 52 million members

Jefferies lifts Costco's price target to US$1,050 from US$860 after retailer raised membership prices in North America for first time since 2017; 'Gold Star' memberships raised to US$65 from US$60, and 'Executive' memberships lifted to US$130 from US$120

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