Costco

Consumers Returning to In-Store Shopping Drives up Costco Earnings
Consumers Returning to In-Store Shopping Drives up Costco Earnings
December 09, 2021  |  Earnings

Retail chain Costco’s quarterly results for Q1 2022, released Thursday (Dec. 9), were better than initially expected, with quarterly revenue rising 16.6% in the quarter...

READ MORE >
Credit Card Skimmer Leads to Costco Data Breach
Credit Card Skimmer Leads to Costco Data Breach
November 12, 2021  |  Security & Fraud

Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit...

READ MORE >
Costco Same-Store Sales Up 10% in US for September, 8% International
Costco Same-Store Sales Up 10% in US for September, 8% International
October 07, 2021  |  Retail

Costco has completed another round of high sales, with core same-store growth in September rising 10%, Seeking Alpha reported, citing UBS analyst Michael Lasser. Get...

READ MORE >
Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
September 23, 2021  |  Earnings

Costco has reported eCommerce earnings for the fourth quarter increasing 11.2% year over year and 44.4% for its fiscal year, according to a press release....

READ MORE >
From Concept To Flagship To Omnichannel Fulfillment Center, Physical Retail Reheats
From Concept To Flagship To Omnichannel Fulfillment Center, Physical Retail Reheats
June 14, 2021  |  Retail

Few industries were harder hit during the pandemic than retail, but even fewer sectors have adapted more during the crisis and, in turn, emerged with...

READ MORE >
To Mall Or Not To Mall, That Is The Question Facing Retailers And Consumers
To Mall Or Not To Mall, That Is The Question Facing Retailers And Consumers
May 28, 2021  |  Retail

The evolution of online sales and omnichannel selling is seeing the physical footprint plans of at least two marquee retailers head in different directions. Get...

READ MORE >
Costco Member Fee Hike Would Delight Rivals, Annoy Customers
Costco Member Fee Hike Would Delight Rivals, Annoy Customers
April 06, 2021  |  Retail

It has only happened twice in the past 10 years, but with over 60 million U.S. members and another 40 million internationally, any increase in...

READ MORE >
Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad Technology Platform
Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad...
February 05, 2021  |  Retail

In today’s top retail news, PriceSmart, Inc. announced a 5.2 percent rise in net merchandise sales between January 2020 and January 2021, while Walmart is...

READ MORE >
Costco Racks Up Stimulus Spend; Research Shows High-Income Consumers Will Save
Costco Racks Up Stimulus Spend; Research Shows High-Income Consumers Will Save
February 04, 2021  |  Economy

There were all kinds of questions in the public sphere as the second round of stimulus checks went out in early 2021. Would consumers actually spend them...

READ MORE >