by Mike Duff | Jul 12, 2024 | Retail Articles
Costco Wholesale Corp. reported solid June sales gains and announced it is raising membership fees in September. Costco reported reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, up 7.4% from the period a year past. With...
by Mike Duff | Jul 8, 2024 | Retail Articles
A survey from global commercial real estate and investment management firm JLL reveals parents plan to spend 21.8% more on back-to-school shopping this year, signaling positive implications for retail sales and a successful shopping season. The survey of more than...
by Peter Giannetti | Jun 26, 2024 | Appliances, Home + Housewares, Home Environment
Lasko has rolled out a new commercial-grade air mover exclusively at Costco, emphasizing the unit’s hurricane preparedness utility in advance of the 2024 Atlantic Ocean hurricane season. The Lasko Super Fan Max Multi-Purpose Compact Air Mover is specifically...
by Mike Duff | Jun 13, 2024 | Retail Articles
Among worldwide banners in a Kantar study of brand value, Amazon came in as the leading retailer, and The Home Depot beat out Walmart to complete the top three retailers. In the Kantar BrandZ Most Valuable Global Brands Report 2024, Costco and Lowe’s followed to fill...
by Mike Duff | May 31, 2024 | Featured News, Retail Articles
Costco Wholesale Corp posted strong comparable store sales and earnings in the third quarter, noting its members are ramping up their spending on discretionary merchandise. Net income for the quarter was $1.68 billion, or $3.78 per diluted share, versus $1.3 billion,...
