March 4, 2022 by MMR
Claudine Adamo, Costco Wholesale Corp., Craig Jelinek, Ron Vachris
Leading Headlines, People, Retail News

ISSAQUAH, Wash. — Costco Wholesale Corp. has tapped Claudine Adamo to serve as executive vice president and COO for merchandising. Adamo, who most recently served as senior vice president of nonfoods merchandising, succeeds Ron Vachris, who was recently promoted to president and chief operating officer. Craig Jelinek, who had previously held the title of president,
July 9, 2020 by MMR
Costco, Costco Wholesale Corp., June sales
Leading Headlines, Money, Retail News

ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $16.18 billion for the five weeks ended July 5, an increase of 11.1% from the $14.57 billion recorded in the comparable period last year. For the 44-week year-to-date period, Costco reported net sales of $136.37 billion, up 8.1% versus the $126.13 billion during the similar
October 7, 2019 by MMR
Costco, Costco Wholesale Corp., fourth quarter
Featured Articles, Leading Headlines, Money

ISSAQUAH, Wash. — Costco Wholesale Corp. posted solid sales increases for the 16-week fourth quarter and the 52-week fiscal year, ended September 1. Net sales for the quarter were $46.45 billion, an increase of 7% from $43.41 billion during the similar period last year. Net sales for the fiscal year were $149.35 billion, an increase
March 8, 2019 by MMR
Costco Wholesale Corp., second quarter
Featured Articles, Leading Headlines, Money

ISSAQUAH, Wash. — Costco Wholesale Corp. said net sales increased 7.3% to $24.6 billion in the fiscal second quarter. Top growth categories included grocery, consumer electronics, apparel, hardware, and health and beauty aids. Comparable-store sales at its U.S. clubs rose 7.2%, excluding the impact of fuel price and currency changes, in the 12 weeks to
December 13, 2018 by MMR
Costco Wholesale Corp., first quarter 2019
Featured Articles, Leading Headlines, Money

ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday reported that its net sales in the first quarter of fiscal 2019 were $34.31 billion, an increase of 10.3% over the same period last year. Comp sales for the company as a whole increased 8.8%, and rose 32.3% for the company’s e-commerce business. Comp sales for the 12
October 4, 2018 by MMR
Costco, Costco Wholesale Corp., fourth quarter
Featured Articles, Leading Headlines, Money

ISSAQUAH, Wash. — Costco Wholesale Corp. reported fourth quarter results that beat analysts’ expectations. Same-store sales for the 16-week quarter ended September 2 were up 10.8% in the United States and 9.5% for the company as a whole, compared to the same quarter last year. When the impacts of gasoline prices and foreign exchange rates
March 19, 2018 by MMR
Costco Wholesale Corp., Dollar Tree Inc., Genesco, National Retail Federation, Nike Inc., NRF, Payless ShoeSource Inc., President Trump, Retail Industry Leaders Association, RILA, Target Corp., Under Armour, Walmart
Featured Articles, Leading Headlines, Retail News, Topics

WASHINGTON — More than two dozen retail companies — including Walmart, Costco Wholesale Corp., Dollar Tree Inc. and Target Corp. — sent a letter on Monday to President Trump urging him to refrain from imposing tariffs on China and alleging that American families would be hurt by such a move. In a separate letter to
October 6, 2017 by Scot Meyer
Costco Wholesale Corp., CostcoGrocery, Instacart, iscal fourth quarter
Featured Articles, Leading Headlines, Money

ISSAQUAH, Wash. — Costco Wholesale Corp. reported sales and earnings gains for its fiscal fourth quarter and year, and said it has expanded delivery options for its customers. The warehouse club operator said that its net sales for the 17-week fourth quarter ended September 3 were $41.36 billion, an increase of 15.8% compared to the
August 14, 2017 by MMR
Blackstone Group L.P., Costco Wholesale Corp., Hamilton (Tony) James
Leading Headlines, People, Retail News, Uncategorized

ISSAQUAH, Wash. — Costco Wholesale Corp. on Friday announced that Hamilton (Tony) James has been elected company chairman. He replaces Costco co-founder Jeff Brotman, who died earlier this month. James is president and chief operating officer of the Blackstone Group L.P., and a member of the board of directors of its general partner, Blackstone Group Management
August 14, 2017 by MMR
Costco Wholesale Corp., Jeff Brotman
2017, Issue 08-14-2017, Issues
ISSAQUAH, Wash. — Jeff Brotman, cofounder of Costco Wholesale Corp. and the company’s chairman, died in his sleep earlier this month at age 74. Brotman helped build Costco into a global retailing powerhouse and was prominent in Puget Sound-area philanthropic and civic circles. “The thoughts of Costco’s board, management and employees are with Jeff’s wife
August 2, 2017 by MMR
Costco Wholesale Corp., Jeff Brotman
Leading Headlines, People, Retail News

ISSAQUAH, Wash. — Jeff Brotman, cofounder of Costco Wholesale Corp. and the company’s chairman, died in his sleep at home on Tuesday. He was 74. Brotman helped build Costco into a global retailing powerhouse and was prominent in Puget Sound-area philanthropic and civic circles. “The thoughts of Costco’s board, management and employees are with Jeff’s
May 26, 2017 by MMR
Costco Wholesale Corp., third quarter
Featured Articles, Leading Headlines, Retail News

ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday announced third quarter sales and earnings that beat analyst expectations. Net sales for the quarter ended May 7 increased 8% to $28.22 billion, up from $26.15 billion in the same period last year. Net sales for the first 36 weeks increased 6%, to $84.82 billion from $80.34 billion