by Mike Duff | May 8, 2023 | Retail Articles
In April, Costco Wholesale Corp. sales gained across its division led by food and consumables. The company recorded net sales of $17.85 billion for the month, an increase of 3% from the April a year earlier. Comparable store sales excluding the effects of fuel and...
by Mike Duff | Apr 12, 2023 | Retail Articles
In the Market Force Information Grocery Ranking 2023, Wegmans was most often cited as a Best in Class food retailer by survey respondents, at 76%, followed by H-E-B, a close second at 73%. Publix got a 61% best-in-class citation rate, followed by Trader Joe’s, at 52%,...
by Mike Duff | Apr 10, 2023 | Retail Articles
Non-food revenues were soft at Costco Wholesale Corporation in fiscal March as net sales came in at $21.71 billion, up 0.5% from the year-earlier month. Comparable store sales, excluding the effects of gasoline price and foreign exchange volatility, gained 2.6%. Comps...
by Mike Duff | Mar 8, 2023 | Retail Articles
Costco beat a Wall Street earnings estimate for its second quarter, but revenues fell short as e-commerce slipped based on softness in big-ticket discretionary items even with overall comparable sales increasing. Net income for the quarter was $1.47 billion, or $3.30...
by Mike Duff | Feb 27, 2023 | Retail Articles
Companies from the United States dominated the top 10 global retailer list that business services firm Deloitte incorporated into its Global Powers of Retailing 2023 report. In addition, the report includes an analysis that suggests at least some economic...
