by Mike Duff | Feb 23, 2024 | Retail Articles
Warehouse clubs dominated the American Customer Satisfaction Index among general merchandise retailers, but Macy’s and Target were also among the leaders. Costco and Macy’s led all others with a satisfaction score of 82 with Target and Sam’s Club just behind at...
by Mike Duff | Feb 8, 2024 | Retail Articles
For its fiscal January, Costco Wholesale Corp. posted net sales of $22.08 billion, up from $21.13 billion in the year-previous month. With the effects of fuel prices and currency exchange excluded, comparable sales gained 3.4%, with those in the United States up 2.2%,...
by Mike Duff | Feb 7, 2024 | Retail Articles
Longtime Costco CFO Richard Galanti is stepping down in March, to be replaced by Gary Millerchip, who has been chief financial officer at The Kroger Co. According to Costco, Galanti will remain with the company through January 2025 as an advisor and continue serving...
by Mike Duff | Jan 12, 2024 | Retail Articles
H-E-B was named as the top grocery retailer in the United States, according to Dunnhumby, a specialist in customer data science. H-E-B stood as the top U.S. Grocery Retailer in the research firm’s seventh annual Retailer Preference Index, with Amazon and Costco just...
by Mike Duff | Jan 5, 2024 | Retail Articles
Costco Wholesale Corp. posted solid total and comparable store gains in December. Costco net sales for the year’s final month gained 9.9% to $26.15 billion year over year. Comps, excluding fuel and foreign exchange effects, grew 8.1%. Comps for stores operating...