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Costco’s third-party discount platform Next abruptly shuts down
New York Post • • business
Key Points:
- Costco has abruptly discontinued its Costco Next online marketplace, which allowed third-party sellers to offer discounted products directly to members, without providing an explanation.
- Launched in 2017 and expanded in 2021, Costco Next grew to nearly 100 third-party vendors by 2024-2025 before being shut down in late August 2026.
- The company now directs customers to contact individual vendors listed on its site for returns, warranties, or cancellations related to Costco Next purchases.
- Recently, Costco announced plans to enter the Medicare market by selling store-branded Medicare plans in partnership with the nonprofit insurer SCAN Group, aiming to provide greater value to seniors.
- The new Medicare plans will initially be available in two states, with a limited rollout including a Medicare supplement plan in a third state, targeting around 5 million Medicare enrollees.
