Costco


Back to School Lifts August Comp Sales

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New York—Retailers earned a shiny red apple in August as back to school spending helped lift sales. According to Ken Perkins, … [Read more...]

July, a “Transitional Month,” Posts Sluggish Comp Sales

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New York—About six months ago, harsh winter weather stymied retail sales. But now it seems that warmer weather may be in factor in … [Read more...]

Discounts Help Boost May Comp Sales Ahead of Estimates

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Discounts Help Boost May Comp Sales Ahead of Estimates New York—May comparable store sales beat estimates as consumers shopped … [Read more...]

April Retail Comp Sales Jump Past Estimates

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New York—After being foiled by winter storms and bad weather and a later Easter, retailers today reported a comparable store sales … [Read more...]

March Comps Softer Thanks to Easter Shift to April

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New York—With the harshest of winter subsiding last month, it still look a flurry of discount promotions to lure shoppers into … [Read more...]

NRF Urges Senate to Reject Minimum Wage Proposal

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Washington—Though millions of retail employees might be wishing this was all just a joke, the National Retail Federation (NRF) … [Read more...]

February Comp Sales Actually Fare Better Than Expected

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New York—There’s no need to remind most of the Northern half of the United States what kind of impact February’s weather must have … [Read more...]

Holiday Pressure Puts Damper on Costco Q2 Results

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Issaquah, WA—Costco Wholesale Corp. today reported that its second quarter profit fell 15% clipped by narrower gross margins in … [Read more...]

Storms, Shopper Fatigue Chill January Comp Sales

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New York—January is normally the slowest month at retail, but this year the Arctic whammy from a polar vortex chilled sales more … [Read more...]

December Comp Sales Were Up—But at a Price?

Blizzard Tarnish December Retail Sales

New York—Discounts may have helped comparable store sales rise 2.7% in December, but that stronger-than-expected increase often … [Read more...]

Costco Q1 Earnings Lower Than Expected

Costco's 12 Days of Christmas Deals promotion

Issaquah, WA—Costco today reported that a fiscal first quarter profit weaker than expected despite a 5% sales increase. The … [Read more...]

Holiday Pressure: November Comp Sales Disappointing

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New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had … [Read more...]