Costco CFO Implies Future Membership Fee Increase

Opinions expressed by Entrepreneur contributors are their own. During a Thursday earnings call, Richard Galanti, the CFO of Costco, seemed to suggest that the wholesale retailer might raise its membership fees at some point in the near future. Galanti was responding to an analyst who asked if a weak economic outlook influenced Costco’s decision on…

Act Now on Your Year-End Tax Strategy to Save in 2023

Opinions expressed by Entrepreneur contributors are their own. Come January 3, a new Congress will convene in Washington, DC, setting the stage for potential tax changes that could impact small and medium-sized businesses. With that in mind, it’s important for businesses to engage in certain tax planning strategies and to take advantage of tax credits…

Worried About Raising Capital in a Recession? Give Your Company The Edge By Doing What Other Entrepreneurs Often Overlook.

Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs and founders need to generate capital investment to grow and succeed, yet attracting such investment is daunting in this market. Amidst heavy competition and negative market forces, one frequently underutilized resource provides many companies an edge: effective PR or public relations. By generating positive media coverage,…

Amazon Is Introducing a TikTok-Like Shopping Feed

Amazon is trying to get in on the “TikTok made me buy it” trend. Courtesy AmazonInspire product. TikTok’s powerful algorithm has proven to be a successful demonstration of purchasing power — from launching successful businesses to reportedly driving shortages of various foods used in recipes that go viral on the app. TikTok also has an…

3 Ways Consumers are Driving Change in Retail Logistics for 2023

Opinions expressed by Entrepreneur contributors are their own. Consumers are increasingly exhibiting preferences for ethical products, transparency, sustainable practices, personalization, convenience and digitization — and it’s driving big changes across the retail industry as brands take note and adapt. Across the board, consumer expectations are raising the bar for retailers. This leaves leaders with two…