There used to be a time when consumer staples stocks were considered indestructible. That was especially true during recessions.

It's an old investing adage that investors should let their winners run. And that's generally true.

Costco announced that its long-time CEO is stepping down next year. The COO, a company insider, is taking over the reins of this giant retailer.

Jelinek, 71, — who took over the chief executive role from Costco co-founder James Sinegal in 2012 — will serve in an advisory role through April 2024.

Costco Wholesale Corporation (NASDAQ:COST), the wholesale retailer, confirmed its long-time chief executive officer Craig Jelinek is stepping down,with Ron Vachris, the current chief operating offi...

Costco Wholesale has announced that CEO Craig Jelinek will be stepping down on Jan. 1, 2024, after more than a decade at the helm of the company, the company reported in a press release Wednesday (...

Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.

CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with news that Costco's CEO will step down in January 2024.

Membership warehouse retail chain Costco Wholesales Corp. on Wednesday said that Craig Jelinek had “confirmed” his intention to step down as chief executive on Jan. 1.

Costco is now offering a few primary care services, much like CVS and Walgreens. It isn't the wholesaler's first step into healthcare, and it might not be the last.

The consumer staples sector, known for its stability and essential role in daily life, represents companies producing household goods like food, beverages, and personal care products.

Greg Melich, Evercore ISI, joins 'Closing Bell' to discuss retail sales which came in hotter-than-expected.

Consumer staples stocks were trading higher on October 13 as markets widely anticipated higher interest rates and weakening economic conditions that could boost shares of companies selling essentia...

Warren Buffett is great at identifying stocks with the potential to return more cash to shareholders every year. These three stocks all offer relatively small yields now, but produce strong and gro...