Costco

Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Report: Target Faces Sustained Weakness and Declining Traffic
Report: Target Faces Sustained Weakness and Declining Traffic
January 04, 2023  |  Retail

Target is “no longer an attractive investment,” a Wells Fargo analyst said Wednesday, citing a range of continued headwinds and challenges. This, as Edward Kelly,...

READ MORE >
Online Grocery Shopping Contends With the Digital and Behavioral Shifts
Online Grocery Shopping Contends With the Digital and Behavioral Shifts
December 27, 2022  |  eCommerce

Increased online grocery shopping is a souvenir of the COVID shift, but supermarkets aren’t going anywhere. Now approaching three full years since the health emergency...

READ MORE >
Kroger Teams With DoorDash for Flower Delivery as Grocers Diversify
Kroger Teams With DoorDash for Flower Delivery as Grocers Diversify
December 12, 2022  |  Delivery

Kroger is delivering flowers on demand via DoorDash in a bid to differentiate its offerings. The supermarket group announced Monday (Dec. 12) that, across its...

READ MORE >