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COSTCO

  • Costco U.S. comps rise 2% in August

    ISSAQUAH, Wash. -- Costco reported a 2% increase in same store sales for August and net sales of $8.9 billion.

    The comp increase excludes the impact of foreign currency fluctuations and deflation in gasoline prices. The company recorded comps growth of 2% and 4% across its U.S. and Canadian locations, respectively, while it had flat comps at other international outlets.

    For the 16-week fourth quarter, the company reported net sales of $35.7 billion, an increase of 2% from $35 billion in the fourth quarter last year, which ended Aug. 30, 2015.

  • Report: Instacart has changed grocery stores for good

    Instacart, the grocery-ordering app, is getting creative about picking, packing and delivering food on-demand. According to TechCrunch, the company’s people and technology show that the San Francisco startup has changed grocery stores for good. (TechCrunch)

  • Costco's July comps slide 2%

    ISSAQUAH, Wash. -- Costco's comparable-store sales for the month of July declined 2%, with a 3% decrease in U.S. a 3% rise in Canada and other decreases internationally.

  • Mass market still most shopped channel

    More vitamins, minerals and supplements were sold online so far in 2016 than have been sold through a Walmart store, TABS Analytics reported earlier this year. According to the TABS Analytics analysis, $2 billion in VMS products were sold online vs. $1.7 billion at Walmart, $1.3 billion at Costco and $1.2 billion at CVS Pharmacy.

  • Costco June comps flat; net sales up 3%

    ISSAQUAH, Wash. -- Same store sales were flat at Costco in June, and net sales increased 3% June to $11.33 billion. 

  • Adweek: Here's what makes shoppers come back

    In a new study released exclusively to Adweek, Boston-based consultancy C Space homed in on consumer loyalty among the big retail players, attempting to flesh out some insights about what makes shoppers come back. (Adweek) 

  • Costco’s comps level for May, YTD

    ISSAQUAH, Wash. — Costco recently shared its May sales results, posting net sales of $9.23 billion, a 3% increase over the $8.98 billion it brought in during the similar period last year. This year May included an extra sales day in the U.S. compared to last year due to the timing of Memorial Day, which the company expects to positively impact net sales and comparable sales for the year by about 2.5% overall and 3.5% in the U.S. 
     

  • Comps steady in Costco’s Q3

    ISSAQUAH, Wash. — Costco on Thursday reported the results of its third quarter and the year-to-date sales, bringing in $26.15 billion in net sales during the quarter and $80.34 billion in sales so far this year.
     
    The company’s U.S. comparable store sales for the quarter saw a 0% increase and a 2% increase for the first 36 weeks of the year. Without the effects of gas price deflation and foreign exchange, quarterly comps were at 3% and YTD comps were at 4%.
     
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