Ron Vachris
Coverage of Ron Vachris in the Nexus archive.
- Costco to sell Medicare Advantage plans
Costco announced plans for a limited rollout of Medicare plans, including Medicare Advantage, by partnering with SCAN Health Plan. The two companies plan to launch a "suite of senior-focused" insurance products that will integrate pharmacy, vision, and hearing benefits. These jointly named products will initially be sold in several states and are expected to enhance the value provided to Costco members.
- Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’
Costco CEO Ron Vachris confirmed the $1.50 hot dog and soda combo will remain unchanged, a staple since 1985, with previous executives also assuring its price stability. The deal is seen as a symbol of economic stability amid rising food prices and a K-shaped economy.
- Costco is opening new warehouses in California, other locations in 2026
Costco is expanding in 2026 with new locations in California and other areas, including an international location. The company is known for its bulk items and affordable food options. CEO Ron Vachris announced the expansion during a recent earnings call.
- Costco says pre‑scan checkout system could take less than 10 seconds
Costco is testing a pre-scan checkout system that could reduce transaction times to under 10 seconds. The company's CEO, Ron Vachris, highlighted the pilot program's success in significantly cutting transaction times during the latest earnings call.