Costco issues recall for certain gift cards [FOX Business Network]
Costco Wholesale Corporation (COST)
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Source: FOX Business Network
Warehouse club Costco is issuing a recall for certain gift cards sold at its locations nationwide. The retailer said in a letter to members that customers who purchased Synergy restaurant gift cards between Oct. 27, 2025, and Jan. 26, 2026, are eligible for a refund for the remaining card balance. The recall comes after Synergy World, a gift and loyalty card company, abruptly shut down last month after filing for Chapter 7 bankruptcy protection . As a result, its gift cards can no longer be redeemed, leaving some consumers holding unusable balances with little immediate recourse. Synergy's gift cards were third-party products. While they were sold at Costco and redeemable at hundreds of participating restaurants nationwide, the cards were issued and managed by Synergy – not Costco or the restaurants themselves. Once Synergy shut down, the cards effectively became worthless. "One of the biggest lessons that people should learn from this is that gift cards should be used soon
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COST
News
- Costco opening locations in these 3 cities in March. Here's where. [USA TODAY]USA TODAY
- Costco Wholesale (NASDAQ:COST) had its price target raised by analysts at Rothschild & Co Redburn from $890.00 to $1,000.00. They now have a "neutral" rating on the stock.MarketBeat
- Costco launches mobile app ordering for custom cakes and deli trays, easing customer woes [FOX Business Network]FOX Business Network
- How to buy gold from Walmart [CNBC]CNBC
- Costco is giving startups a path to national rollouts [Seeking Alpha]Seeking Alpha
COST
Earnings
- 12/11/25 - Beat
COST
Sec Filings
- 1/28/26 - Form 4
- 1/28/26 - Form 4
- 1/23/26 - Form 4
- COST's page on the SEC website