Costco is taking a page from Sam's Club's playbook to speed up checkout in the warehouse

Tech Insider : Business
A tentative agreement between Costco and its union-member workers has been reached.
"We found that digital really enhances the speed of checkout," Costco CEO Ron Vachris said Thursday.

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The Walton family empire: Inside the lives of the billionaire Walmart heirs

Tech Insider : Business

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The Walton siblings.

AP/April L. Brown

Sam's Club CEO says automating stores isn't a move to eliminate jobs

Tech Insider
Sam's Club CEO Chris Nicholas
Sam's Club CEO Chris Nicholas said he spent time stocking shelves and pricing items as a teenager in the UK.

Dominick Reuter/Business Insider

I visited Texas to see Sam's Club's store of the future. It was brimming with tech.

Tech Insider
Shoppers walk through the new AI gateways at Sam's Club in Grapevine, TX
Shoppers walk through the new AI gateways at Sam's Club in Grapevine, Texas.

Dominick Reuter/Business Insider

Sam's Club just opened its first new location in 7 years. It doesn't have any checkout lanes.

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A man pushes a shopping cart with a giant teddy bear through a blue metal entryway in a store.
Sam's Club CEO Chris Nicholas rolls his shopping cart through one of the company's AI-powered exits.

Dominick Reuter/Business Insider

Costco's members are getting younger as millennial and Gen Z shoppers flock to wholesale clubs

Tech Insider
A Costco Wholesale store in Colchester, Vermont, on November 13, 2023.
Costco added roughly 2.5 million Millennial and Gen Z household memberships last year.

Robert Nickelsberg/Getty Images

How Costco became the king of bulk buying starting out selling only to businesses out of an old airplane hangar

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Costco shopper
Sales at Costco rocketed from zero to $3 billion in less than six years.

STR New / Reuters

Gen Z's latest hot club is Costco

Tech Insider
A Costco Wholesale store in Colchester, Vermont, on November 13, 2023.
Costco and Sam's Club have become destinations for Gen Z shoppers who want to save money.

Robert Nickelsberg/Getty Images

Sam's Club is winning over Gen Z shoppers with convenience, and that could spell trouble for Costco

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Sam's Club scan and go
Sam's Club CEO Chris Nicholas said the Walmart-owned company has grown its Gen Z membership by 68% in the past two years.

Mary Meisenzahl/Insider

Sam's Club says getting rid of physical receipt checks at the door has been a big success

Tech Insider
A person passes through new shopping cart scanning tech at Sam's Club.
Sam's Club says its new AI-powered exit tech is now in more than 120 locations where it's speeding up the checkout process.

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