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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
RetailCostco

Costco is about to open its first stand-alone gas station

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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June 16, 2025, 12:07 PM ET
Vehicles in line at a Costco gas station in Vallejo, Calif.
Costco is opening stand-alone gas stations. David Paul Morris/Bloomberg via Getty Images
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  • Costco is planning to open a stand-alone gas station. The station will be located in Mission Viejo, Calif., in an area formerly occupied by Bed, Bath & Beyond. The station is expected to open next spring. The gas will be available only to Costco members.

If cheap hot dogs aren’t of interest and you don’t need a pack of paper towels that fills up your car’s trunk, Costco’s latest business venture could be right up your alley.

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The retailer will reportedly launch its first stand-alone gas station in Mission Viejo, Calif., a part of Orange County. The gas station, which will take over the space formerly occupied by a Bed, Bath & Beyond store, will be two miles away from the nearest Costco retailer, and it’s going to be a whopper.

With 40 pumps, it will be Costco’s biggest gas station, and, like the ones that are part of Costco stores, the pumps (and discount prices) will be accessible only to Costco members. It’s also located just off the 5 freeway, one of the nation’s busiest roads.

The station won’t have a convenience store attached, so don’t plan on getting a bite to eat or a drink when you fill up. Construction is expected to begin this fall and the facility should open in the spring of 2026.

Costco does not comment on locations that will be opening more than three months in the future.Gasoline has been an increasingly valuable commodity for Costco. The retailer reported its two highest-gallon sales weeks in the U.S. in April after extending gas station hours and opening new stations earlier this year.

CEO Ron Vachris said the extension of gas station hours in North America “was a great indicator that the throughput for our members improved nicely, and we saw that immediately in gallon increases.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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