Costco Stores in Canada to Stop Taking American Express
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Costco Wholesale Corp., the largest U.S. warehouse-club chain, will stop accepting all American Express Co. cards in Canada on Jan. 1 after a breakdown in negotiations between the two companies.
“The credit card relationship between American Express and Costco Wholesale Canada will not be renewed when it expires on Dec. 31,” Lorelle Gilpin, vice president of marketing and membership for Costco Wholesale Canada, said yesterday in an e-mail to Canadian customers.