May
28 - 2009

Costco will accept food stamps at 2 clubs as trial

Last week, I wrote about my savings at Costco and received a comment criticizing Costco for its policies on accepting food stamps and other operating policies in its new New York City store.

Now, according to The Associated Press: Costco will accept food stamps at 2 clubs as trial.

The two clubs are in Brooklyn and Queens, N.Y. Here’s the word from the company’s CEO in a statement:

“In the past, we have not been convinced that there was sufficient demand among our membership to justify the expense and possible inefficiencies associated with accepting food stamps,” Costco Chief Executive Jim Sinegal said in a statement. “However, we are mindful that many of our fellow citizens are facing unprecedented economic challenges at this time, and it seemed to us that it was worth reconsidering our position in that light. We are taking this step to see if we can be a part of the solution to the financial burden that many people are facing today.”

Sam’s Club accepts food stamps, as does BJ’s, but both policies are relatively new — as of March and April of this year, respectively.

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