Consumer
Costco, Union Reach Tentative Deal, Averting Strike
- Agreement to be presented to membership: Teamsters X post
- Costco on Friday agreed to raise pay for non-union workers
A worker in a check-out line at a Costco store in Teterboro, New Jersey.
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
The union representing Costco Wholesale Corp. workers reached a new tentative agreement with the retailer, avoiding for now a strike by thousands of employees.
The contract between the retailer and Costco Teamsters, which represents less than 10% of the company’s roughly 219,000 employees in the US, had been set to expire late Friday.