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SMALL BUSINESS
Costco to accept food stamps nationwide
AP
PORTLAND, Ore. -Costco says it will start accepting food stamps at its warehouse clubs nationwide after testing them at stores in New York.
It's a big about-face for a retailer that has catered to the bargain-hunting affluent — and a sign of the grim reality facing retailers and their customers. Food-stamp users recently hit a record 36 million.
Costco Wholesale Corp. began accepting food stamps at its New York stores this year under political pressure. The company doubted many would use them but saw a strong response and will accept them in at least half its stores nationwide by Thanksgiving.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-28 12:12:13
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