April 7, 2022 by MMR
Costco, March sales
Featured Articles, Leading Headlines, Retail News, Uncategorized
ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $21.61 billion for the retail month of March, an increase of 18.7% over the $18.21 billion posted in the corresponding period last year. Comparable sales for the period (the five weeks ended April 3) increased 19.1% for the company’s U.S. operations, or 12.7% when adjusted
March 3, 2022 by MMR
Costco, Costco Wholesale Corp., February sales, second quarter
Featured Articles, Leading Headlines, Money, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $50.94 billion for the second quarter ended February 13. Net sales for the 24-week year-to-date period increased 16.4%, to $100.35 billion, up from $86.23 billion last year. Comparable club sales increased 11.3% in the United States (excluding the impacts from changes in gasoline prices and
March 1, 2022 by MMR
ACSI, Albertsons Cos., Aldi, American Customer Satisfaction Index, Big Lots, BJ's Wholesale Club, Costco, CVS, Dollar General, H-E-B, Kroger, Rite Aid, Trader Joe’s, Walgreens, Walmart, Wegmans
Leading Headlines, Retail News, Topics
ANN ARBOR, Mich. — Customer satisfaction with retail is relatively stable, according to the American Customer Satisfaction Index’s 2021-2022 ranking. The Retail Trade sector as a whole saw its score dip just 0.5% to 75.1 (out of 100). “Cool stability,” says ACSI managing director David VanAmburg. “That’s the best way to describe the retail sector
February 28, 2022 by MMR
Costco, Craig Jelinek, Ron Vachris
2022, Issue 02-28-2022, Issues
ISSAQUAH, Wash. — Costco Wholesale Corp. has named Ron Vachris president and chief operating officer. Vachris, 56, previously served as executive vice president and chief operating officer of merchandising, a position he was named to in June 2016. Vachris succeeds Craig Jelinek in the role of president, while Jelinek remains chief executive officer and a
February 7, 2022 by MMR
Costco, Craig Jelinek, Ron Vachris
Leading Headlines, People, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. has named Ron Vachris president and chief operating officer. Vachris, 56, previously served as executive vice president and chief operating officer, merchandising, a position he was named to in June 2016. Vachris succeeds Craig Jelinek in role of president, while Jelinek remains chief executive officer and a member of the
February 3, 2022 by MMR
Costco, Costco Wholesale Corp., January sales
Featured Articles, Leading Headlines, Money, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $15.76 billion for the retail month of January, an increase of 15.5 from $13.64 billion last year. The company noted that Lunar New Year/Chinese New Year occurred on February 1 this year, 11 days earlier than last year. The shift favorably impacted Costco’s “Other International”
January 17, 2022 by Scot Meyer
Costco, Retailer of the Year
2022, Featured Articles, Issue 01-17-2022, Issues, Leading Headlines, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp., even more than most retailers, has a business model built around efficiency. The company offers a limited selection of products, most of them available in only the most popular flavor, color or size, which results in high sales volumes and rapid inventory turns. Combined with the operating efficiencies achieved
January 12, 2022 by MMR
Amazon, Amazon Fresh, BJ's Wholesale Club, Costco, dunnhumby, dunnhumby Retailer Preference Index (RPI), H-E-B, Hy-Vee, Publix, RPI, Sam's Club, Target, Trader Joe’s, Wegmans
Featured Articles, Leading Headlines, Retail News
CHICAGO — Amazon took the top spot in dunnhumby’s latest ranking of the nation’s top grocery retailers, with H-E-B following in second place and Market Basket leapfrogging three retailers to take the third spot away from Trader Joe’s. Wegmans held onto the fourth spot for a second year in a row. “The pandemic has massively
December 13, 2021 by MMR
Costco, Q1
2021, Issue 12-13-2021, Issues
ISSAQUAH, Wash. — Costco Wholesale Corp. reported strong results for the first quarter of fiscal 2022, with sales and earnings that beat analysts’ expectations. Net sales for the first quarter, which ended on November 21, increased 16.7% to $49.42 billion, up from $42.35 billion in the same quarter last year. Net income for the quarter
December 10, 2021 by MMR
Costco, first quarter, Q1, results
Featured Articles, Leading Headlines, Money, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. reported strong sales gains in the first quarter of fiscal 2022, which ended on November 21. Net sales for the first quarter increased 16.7%, to $49.42 billion, up from $42.35 billion in the same quarter last year. Comparable sales in the United States increased 14.9% (9.9% when the effects
November 15, 2021 by Caroline Stanton
Costco, Stafford Texas
2021, Issue 11-15-2021, Issues
STAFFORD, Texas — Costco Wholesale Corp. opened its first Houston-area Costco Business Center late last month here. The 148,000-square-foot facility is the 22nd Costco Business Center to open nationwide. The units differ from standard Costco warehouses in that their offerings are geared more toward small businesses, and 70% of the merchandise is different than in
August 16, 2021 by David Pinto
Costco, David Pinto
2021, Issue 08-16-2021, Issues, Opinion
In the global retailing community, one U.S. retailer has exerted a stronger impact than any other. That impact has not been determined by size or reach or number of stores or by any of the traditional barometers by which retailing impact or influence is measured. Rather, it is reckoned by knowledge of the retail community,