Costco

Instacart Rolls Out RX Delivery Service With Costco
Instacart Rolls Out RX Delivery Service With Costco
April 16, 2020  |  Delivery

Due to increasing customer demand for household goods, grocery and personal healthcare delivery, Instacart said it has rolled out a new prescription delivery service with Costco. The...

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Costco Earnings Hurt By Purchase Limits; eCommerce Sales Spike
Costco Earnings Hurt By Purchase Limits; eCommerce Sales Spike
April 10, 2020  |  Retail

Costco’s March and Q1 earnings report was expected to be a referendum on COVID-19 consumer purchase patterns. It didn’t disappoint on that front, but the...

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Costco Reduces Hours, Updates Return Policy Due To COVID-19
Costco Reduces Hours, Updates Return Policy Due To COVID-19
March 30, 2020  |  Retail

Amid the COVID-19 situation, Costco is cutting back on its store hours and changing some of its policies. The warehouse club will not accept returns...

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Pet Food Sales Spike During Coronavirus Scare
Pet Food Sales Spike During Coronavirus Scare
March 27, 2020  |  Coronavirus

The coronavirus crisis has caused a spike in pet food sales as people are panic buying food for their pets, according to a report by...

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Cramer: Virus Could Leave US With Only 3 Retailers
Cramer: Virus Could Leave US With Only 3 Retailers
March 20, 2020  |  Coronavirus

CNBC’s Jim Cramer said on Friday (March 20) that he’s worried one of the consequences of the coronavirus pandemic will be that there will be...

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Costco Pays $1B To Sears Owner For Logistics Co Innovel
Costco Pays $1B To Sears Owner For Logistics Co Innovel
March 17, 2020  |  Retail

Costco has announced the purchase of logistics company Innovel Solutions, which was owned by Sears parent company Transform Holdco, according to a report by The...

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The Global Rush To Create Connected Communities
The Global Rush To Create Connected Communities
March 10, 2020  |  Coronavirus

Despite being less than halfway through, it seems clear at this point that the second week of March will make the list for wildest weeks...

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Costco Struggles To Keep Up With Coronavirus Demand
Costco Struggles To Keep Up With Coronavirus Demand
March 10, 2020  |  Retail

As customers visit Costco to stock their pantries amid the coronavirus outbreak, CFO Richard Galanti said on an earnings call last week that the retailer’s...

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Costco Posts Solid Quarter, Limits Virus-Related Items
Costco Posts Solid Quarter, Limits Virus-Related Items
March 06, 2020  |  Earnings

Used to be that retail earnings reports were about numbers. Now they’re about viruses. That was the case yesterday as Costco announced Q4 earnings per...

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