Costco Wholesale Corp. reported solid June sales gains and announced it is raising membership fees in September. Costco reported reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, up 7.4% from the period a year past. With...
Wholescale, a platform for optimizing authentic consumer review generation across all retail channels, announced a partnership with Walmart Inc. to syndicate authentic ratings and reviews to Walmart. Wholescale offers what is described as proprietary technology that...
As the company maintains westward expansion, BJ’s Wholesale Club announced that its first Alabama store will open Friday in Madison. Over the past two years, BJ’s has moved beyond the company’s East Coast market area, opening its first stores in Michigan and...
BJ’s Wholesale Club posted lower adjusted net income for the first quarter while comparable sales advanced versus the year-past period. For the quarter, company net income was $116.1 million, or 85 cents per diluted share, versus $112.5, or 82 cents per diluted share,...
Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...