by Peter Giannetti | Oct 29, 2024 | Retail Articles
Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
by Mike Duff | Oct 10, 2024 | Retail Articles
Costco Wholesale Corp. posted net sales of $24.62 billion for the five-week fiscal month of September, up from $22.59 billion for the year-earlier period. Comparable sales, with the effects of gasoline price and foreign exchange volatility excluded, gained 9.3% in the...
by Mike Duff | Sep 27, 2024 | Retail Articles
In the fourth quarter, Costco Wholesale Corp. had strong results in home-oriented categories and beat a Wall Street estimate on earnings, although revenues didn’t meet expectations. For the 16-week fiscal fourth quarter, net income was $2.35 billion, or $5.29 per...
by Mike Duff | Sep 6, 2024 | Retail Articles
Costco’s retail comparable sales ended its fiscal year ended September 1 on a positive note, with the United States and other international markets posting solid gains. Adjusted for the effects of fuel price volatility and foreign exchange rate fluctuation,...
by Mike Duff | Aug 12, 2024 | Retail Articles
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
