Non-food revenues were soft at Costco Wholesale Corporation in fiscal March as net sales came in at $21.71 billion, up 0.5% from the year-earlier month. Comparable store sales, excluding the effects of gasoline price and foreign exchange volatility, gained 2.6%. Comps...
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...
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...
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...
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...
