Costco

Hallmark Lets Consumers Venmo Gift Cards as DoorDash and Costco Up Digital Too
Hallmark Lets Consumers Venmo Gift Cards as DoorDash and Costco Up Digital Too
September 13, 2023  |  Retail

In today’s fast-paced world, gift-giving has become a convenient and versatile practice. Among the many options available, gift cards have emerged as the go-to choice...

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Warehouse Club Chains’ Share Gains Hold Even as Grocery Inflation Slows
Warehouse Club Chains’ Share Gains Hold Even as Grocery Inflation Slows
August 22, 2023  |  Earnings

Membership chains such as BJ’s Wholesale Club are seeing the gains they made at the highest points of grocery inflation hold strong, even as price increases moderate....

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How the Fortunes of the Fortune 500 Have Changed Since 1996
How the Fortunes of the Fortune 500 Have Changed Since 1996
August 07, 2023  |  Connected Economy

The 69th annual Fortune 500 list was published earlier this summer, and most people paid it little mind. What was once considered a coveted benchmark...

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Costco’s Membership Crackdown Follows Netflix’s Lead, But Will It Backfire?
Costco’s Membership Crackdown Follows Netflix’s Lead, But Will It Backfire?
June 28, 2023  |  Subscriptions

Costco is taking a page from Netflix’s book, cracking down on membership sharing, but the wholesaler may be overlooking a key difference between its membership...

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Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
May 25, 2023  |  Retail

Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. The membership warehouse club’s comp sales rose 0.3% year over year...

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Costco Reports Declines in eCommerce and Discretionary Sales in April
Costco Reports Declines in eCommerce and Discretionary Sales in April
May 09, 2023  |  Retail

At Costco, eCommerce and discretionary items saw declines in sales in April. During the four weeks that ended April 30, the membership warehouse club recorded...

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D2C Brands Court Warehouse Stores as Shoppers Seek Value
D2C Brands Court Warehouse Stores as Shoppers Seek Value
April 17, 2023  |  Retail

Direct-to-consumer brands are increasingly using warehouse club stores to reach new, bargain-hungry consumers. As a report Monday (April 17) by Modern Retail noted, this trend is well-established...

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Rise in Consumer Side Hustles Boosts Demand for Prepared Meals
Rise in Consumer Side Hustles Boosts Demand for Prepared Meals
March 27, 2023  |  Retail

With consumers working more jobs to make ends meet, many are seeking quick meals. The Context As rising economic pressures force many consumers to take...

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Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
March 02, 2023  |  Retail

Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives. On a call with analysts Thursday (March 2) discussing...

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