by Mike Duff | Mar 8, 2023 | Retail Articles
Costco beat a Wall Street earnings estimate for its second quarter, but revenues fell short as e-commerce slipped based on softness in big-ticket discretionary items even with overall comparable sales increasing. Net income for the quarter was $1.47 billion, or $3.30...
by Mike Duff | Feb 27, 2023 | Retail Articles
Companies from the United States dominated the top 10 global retailer list that business services firm Deloitte incorporated into its Global Powers of Retailing 2023 report. In addition, the report includes an analysis that suggests at least some economic...
by Mike Duff | Feb 17, 2023 | Retail Articles
Although the Massachusetts Institute of Technology comes in first, the top retailer in the Forbes America’s Best Large Employer study was H-E-B at number five. Among retailers, Trader Joe’s at 16 and Costco Wholesale at 25 come in next. Wegmans at 44 and...
by Mike Duff | Feb 17, 2023 | Retail Articles
As the holiday season fades into memory, Placer.ai decided to take a look at what kind of visitation trends major mass market and warehouse club stores are experiencing as 2023 begins and determined that Walmart is lagging. Target and Walmart were major retail...
by Mike Duff | Feb 2, 2023 | Retail Articles
For the fiscal month of January, Costco Wholesale Corp. posted net sales of $16.84 billion, a gain of 6.9% from the period a year earlier. With the effects of gasoline price and foreign exchange rate volatility excluded, company comparable store sales advanced by...
