Nonfoods, E-Commerce Drive Costco January Comp Gains

Costco Forges Ahead in January

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%,...
Deloitte: Holiday Sales To Advance 4% to 6%

Deloitte: Holiday Sales To Advance 4% to 6%

According to the Deloitte annual holiday season forecast, retail sales in the upcoming November to January timeframe look to increase between 4% and 6%. Overall, Deloitte’s retail and consumer products practice projects sales will total $1.45 to $1.47 trillion...
Deloitte: Holiday Sales To Advance 4% to 6%

NRF: January Retail Sales Stay Heated

Despite pressure from the COVID-19 Omicron variant, inflation and even weather on the shopping public, retail sales had a solid January, according to the National Retail Federation. Based on numbers released by the United States Census Bureau, NRF retail sales...