Costco has quietly discontinued its 'Costco Next' online marketplace, a member perk that offered up to 40% discounts on products not available in its warehouses, without prior warning to shoppers [1]. The program, which featured about 80 vendor partners including Anker Electronics, Caraway, Travelpro, and Priority Bicycles, redirected members to custom storefronts on vendor websites for direct purchases [1]. Upon visiting the Costco Next page, members are now greeted with a message stating, 'Access to Costco Next storefronts is no longer available,' and are advised to contact vendors directly for returns and warranty inquiries [1].
Some shoppers noticed the closure on September 1, expressing disappointment over the loss of deals, with one Reddit user calling it 'a real bummer for the deals' [1]. The shutdown comes as the platform was reportedly gaining momentum; during Costco's third-quarter 2025 earnings call on May 29, 2025, it was revealed that Costco Next's quarterly sales matched its total sales for the entire 2022 fiscal year [1].
Nino Garcia, assistant general merchandise manager at Costco Next, previously explained that the concept originated in 2016 and took several years to fully develop, with refinements in site improvements, product selection, and supplier understanding [1]. Despite the closure, Costco emphasized its ongoing commitment to offering members quality goods at great value [1].
Market reaction was modest, with Costco Wholesale Corp. (COST) shares closing at $925.41, down $3.07 or 0.33% [1]. FOX Business has reached out to Costco for further information, but no additional details have been provided [1].
CONCLUSION
Costco's abrupt discontinuation of the 'Costco Next' perk has disappointed members and comes at a time when the platform was experiencing significant sales growth. The market response was muted, with only a slight decline in Costco's share price. The company has reiterated its focus on delivering value to members, but has not provided further explanation for the closure.