by Mike Duff | Dec 10, 2021 | Retail Articles
In its first fiscal quarter, Costco Wholesale Corp. was able to deal with supply chain issues successfully while also expanding e-commerce associated services and beating Wall Street estimates, the company stated. The company posted a net income of $1.32 billion, or...
by Mike Duff | Dec 6, 2021 | Retail Articles
Costco Wholesale Corp. for the fiscal month of November posted comparable sales, sans the effects of fuel price and foreign exchange volatility, up 9.2% with comps in the United States up 9.1%, in Canada up 7.6%, and in Other International regions up 11.3%. E-commerce...
by Mike Duff | Dec 1, 2021 | Retail Articles
Market research firm Numerator released early Black Friday data indicating Amazon captured the highest spend share for the occasion and Cyber Monday data revealing inflation and supply chain issues affected how consumers shopped. Amazon came out on top for the second...
by Mike Duff | Oct 7, 2021 | Retail Articles
In September, Costco Warehouse Corp. kept posting strong comparable store sales, and, although down from peak COVID-19 pandemic increases, e-commerce continued almost double-digit advances. Overall, Costco reported net sales of $19.5 billion for the retail month of...
by Mike Duff | Sep 24, 2021 | Retail Articles
Costco Wholesale Corp. clubs in the U.S. posted double-digit comparable sales gains in the fourth quarter as e-commerce sales growth slowed with consumers returning to in-person shopping, while at the same time beating a Wall Street estimate on earnings. As it moves...
