Costco Will Soon Open Its First Stand-Alone Gas Station to Members. Here's What Investors Need to Know.

The popular wholesale retailer Costco (COST +1.23%) plans to expand its gasoline offerings beyond its traditional stores and will soon launch stand-alone gas stations that will remain exclusive to its members, who pay a $65 or $130 annual membership fee.The first one is set to launch in Mission Viejo, California, in June with a 40-pump station. Another is slated to open in Honolulu, Hawaii in 2027.Here is what investors need to know. Why Costco is opening stand-alone gas stationsWhile Costco executives have ...