by Mike Duff | Jul 11, 2022 | Retail Articles
As it kept momentum going, Costco enjoyed double-digit comparable sales in June which included an extra sales day. Sans fuel and foreign exchange effects, comparable sales increased 13% in June versus the year-previous month, the company stated, with clubs in the...
by Mike Duff | Jun 3, 2022 | Retail Articles
In May, Costco once again managed double-digit comparable sales increases and kept pace with online revenue gains posted this fiscal year. Company comparable sales, excluding the effects of fuel and foreign exchange rate volatility, increased 11.8% with the United...
by Mike Duff | May 27, 2022 | Retail Articles
Even as it tried to mitigate price increases for members necessitated by inflationary pressures, Costco continued to produce earnings and comparable store gains in the third quarter. Company net income was $1.35 billion, or $3.04 per diluted share, versus $1.22...
by Mike Duff | Apr 26, 2022 | Retail Articles
As the company continues its growth in the New York metropolitan area, Wegmans Food Markets has announced it will open its first Long Island store in the community of Lake Grove, NY. The 100,000-square-foot store will operate in the DSW plaza at the corner of Middle...
by Mike Duff | Apr 14, 2022 | Retail Articles
As the retail world tries to settle down into a post-pandemic world, not that COVID-19 is cooperating with the newest Omicron variant prompting reconsideration of masking rules in some places, a number of retailers saw major gains in first quarter foot traffic,...
