by Mike Duff | Feb 1, 2023 | Retail Articles
Data analyst Dunnhumby has released its sixth annual Retailer Preference Index which is led by H-E-B. In the index, which looks at supermarkets and competing grocery sellers, H-E-B regained its leadership position from Amazon with Costco following closely behind in...
by Mike Duff | Jan 6, 2023 | Retail Articles
For the month of December, Costco reported net sales of $23.8 billion for the retail month of December, the five weeks ended January 1, up 7% year over year. Comparable sales, excluding the effects of fuel price and foreign exchange volatility, were up 6.4% in the...
by Mike Duff | Dec 9, 2022 | Retail Articles
Market researcher Numerator has pegged Amazon as the Black Friday Weekend sales leader. In its report on the shopping period, Numerator stated: Amazon captured 17.7% of dollars spent, which was a jump from its average 10.1% share in the latest 52 weeks ending...
by Mike Duff | Dec 9, 2022 | Retail Articles
Costco made solid gains in the first quarter of its fiscal year with comparable store sales and profits both up but fell short of Wall Street revenue and earnings estimates. Net income for the quarter was $1.36 billion, or $3.07 per diluted share, versus $1.32...
by Mike Duff | Oct 7, 2022 | Retail Articles
Costco reported solid gains in September with minimal impacts from Hurricane Ian. Comparable sales against September 2021, excluding fuel and foreign exchange effects, gained 8% in the United States, 9.6% in Canada, 11% in other international markets and 8.6%, Costco...