Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
Costco Wholesale Corp. posted net sales of $24.62 billion for the five-week fiscal month of September, up from $22.59 billion for the year-earlier period. Comparable sales, with the effects of gasoline price and foreign exchange volatility excluded, gained 9.3% in the...
In the fourth quarter, Costco Wholesale Corp. had strong results in home-oriented categories and beat a Wall Street estimate on earnings, although revenues didn’t meet expectations. For the 16-week fiscal fourth quarter, net income was $2.35 billion, or $5.29 per...
Costco’s retail comparable sales ended its fiscal year ended September 1 on a positive note, with the United States and other international markets posting solid gains. Adjusted for the effects of fuel price volatility and foreign exchange rate fluctuation,...
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...