
Costco Will Close All Stores for One Day This Month: Here's Why
The company's holiday schedule on its customer service website lists Independence Day among several annual closures, which also include New Year's Day, Easter Sunday, Memorial Day, Labor Day, Thanksgiving Day, and Christmas Day.
Costco's closure for Independence Day is a routine but important part of its operations calendar.
The retail chain is known for its competitive bulk pricing, generous return policy, and member-exclusive deals on a wide range of products, from groceries to electronics.
The store's early closure reminds shoppers to stock up ahead of time on party food, beverages, household items, and even gasoline. Many Costco locations feature member-discounted gas stations that are popular with customers looking to save on summer travel.
Costco stores are expected to reopen on July 5. Business centers and warehouses will resume standard operating hours.
Earlier this year, the retailer announced plans to grow its retail footprint to more than 900 warehouses worldwide.
Although Costco will be closed, many other grocery and retail chains will remain open on July 4, often with adjusted hours. According to USA Today, grocery stores such as Kroger, Giant Eagle, Wegmans, Safeway, and Walmart plan to operate on the holiday, although individual store hours may vary.
Target and Whole Foods will also be open, offering customers alternative options for last-minute purchases or holiday supplies. CVS and Walgreens stores are expected to be open, but pharmacy hours may vary due to the holiday.
Shoppers should verify local store hours online or by calling ahead, especially for regional chains or smaller outlets.
Independence Day commemorates the ratification of the Declaration of Independence on July 4, 1776, when the Continental Congress formally declared the separation of the 13 American colonies from British rule.
Although the vote for independence occurred on July 2, it was the formal adoption of the Declaration's text on July 4 that became a symbolic and celebrated date in American history. The document articulated the colonies' grievances and their justification for seeking autonomy.
The day has since been marked with public festivities, including fireworks, parades, barbecues, and other patriotic displays that honor the birth of the United States.
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Chicago Tribune
12 minutes ago
- Chicago Tribune
It's Trump's economy now. The latest financial numbers offer some warning signs.
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When Friday's jobs report turned out to be decidedly bleak, Trump ignored the warnings in the data and fired the head of the agency that produces the monthly jobs figures. 'Important numbers like this must be fair and accurate, they can't be manipulated for political purposes,' Trump said on Truth Social, without offering evidence for his claim. 'The Economy is BOOMING.' It's possible that the disappointing numbers are growing pains from the rapid transformation caused by Trump and that stronger growth will return — or they may be a preview of even more disruption to come. Trump's aggressive use of tariffs, executive actions, spending cuts and tax code changes carries significant political risk if he is unable to deliver middle-class prosperity. The effects of his new tariffs are still several months away from rippling through the economy, right as many Trump allies in Congress will be campaigning in the midterm elections. 'Considering how early we are in his term, Trump's had an unusually big impact on the economy already,' said Alex Conant, a Republican strategist at Firehouse Strategies. 'The full inflationary impact of the tariffs won't be felt until 2026. Unfortunately for Republicans, that's also an election year.' The White House portrayed the blitz of trade frameworks leading up to Thursday's tariff announcement as proof of his negotiating prowess. The European Union, Japan, South Korea, the Philippines, Indonesia and other nations that the White House declined to name agreed that the U.S. could increase its tariffs on their goods without doing the same to American products. Trump simply set rates on other countries that lacked settlements. The costs of those tariffs — taxes paid on imports to the U.S. — will be most felt by many Americans in the form of higher prices, but to what extent remains uncertain. 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The economic numbers over the past week show the difficulties that Trump might face if the numbers continue on their current path: 'The economy's just kind of slogging forward,' said Guy Berger, senior fellow at the Burning Glass Institute, which studies employment trends. 'Yes, the unemployment rate's not going up, but we're adding very few jobs. The economy's been growing very slowly. It just looks like a 'meh' economy is continuing.' Trump has sought to pin the blame for any economic troubles on Federal Reserve Chair Jerome Powell, saying the Fed should cut its benchmark interest rates even though doing so could generate more inflation. Trump has publicly backed two Fed governors, Christoper Waller and Michelle Bowman, for voting for rate cuts at Wednesday's meeting. But their logic is not what the president wants to hear: They were worried, in part, about a slowing job market. But this is a major economic gamble being undertaken by Trump and those pushing for lower rates under the belief that mortgages will also become more affordable as a result and boost homebuying activity. His tariff policy has changed repeatedly over the last six months, with the latest import tax numbers serving as a substitute for what the president announced in April, which provoked a stock market sell-off. It might not be a simple one-time adjustment as some Fed board members and Trump administration officials argue. Of course, Trump can't say no one warned him about the possible consequences of his economic policies. Biden, then the outgoing president, did just that in a speech last December at the Brookings Institution, saying the cost of the tariffs would eventually hit American workers and businesses. 'He seems determined to impose steep, universal tariffs on all imported goods brought into this country on the mistaken belief that foreign countries will bear the cost of those tariffs rather than the American consumer,' Biden said. 'I believe this approach is a major mistake.'


Boston Globe
12 minutes ago
- Boston Globe
It's Trump's economy now. The latest financial numbers offer some warning signs.
But as of now, this is not the boom the Republican president promised, and his ability to blame his Democratic predecessor, Joe Biden, for any economic challenges has faded as the world economy hangs on his every word and social media post. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up When Friday's jobs report turned out to be decidedly bleak, Trump ignored the warnings in the data and fired the head of the agency that produces the monthly jobs figures. Advertisement 'Important numbers like this must be fair and accurate, they can't be manipulated for political purposes,' Trump said on Truth Social, without offering evidence for his claim. 'The Economy is BOOMING.' It's possible that the disappointing numbers are growing pains from the rapid transformation caused by Trump and that stronger growth will return — or they may be a preview of even more disruption to come. 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On average last year, the economy added 168,000 jobs a month. A Thursday inflation report showed that prices have risen 2.6% over the year that ended in June, an increase in the personal consumption expenditures price index from 2.2% in April. Prices of heavily imported items, such as appliances, furniture, and toys and games, jumped from May to June. On Wednesday, a report on gross domestic product — the broadest measure of the U.S. economy — showed that it grew at an annual rate of less than 1.3% during the first half of the year, down sharply from 2.8% growth last year. 'The economy's just kind of slogging forward,' said Guy Berger, senior fellow at the Burning Glass Institute, which studies employment trends. 'Yes, the unemployment rate's not going up, but we're adding very few jobs. The economy's been growing very slowly. It just looks like a 'meh' economy is continuing.' 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Yahoo
15 minutes ago
- Yahoo
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