Costco

Costco Falls On Concerns Over Membership Renewals, Margins

Costco’s better-than-projected results still weren’t enough to please investors, who instead zeroed in on a drop in membership renewal rates an...

Costco Sales Up 4% In Full Year Results, But Shares Slip

US retailer Costco Wholesale Corporation has reported that comparable sales increased 4.1% to $126.17 billion in its 53-week fiscal year, ending 3 Septembe...

Costco Posts 10% Increase In Sales For August

US retailer Costco Wholesale Corporation has reported net sales of $9.8 billion for the month of August, which represents an increase of 10% compared to th...

Giants Of Retail Roll Into Iceland In End To Price Tyranny

A common complaint heard on the streets of Reykjavik - apart from the weather - is about prices. A standard burger will set you back as much as $20, w...

Costco Elects Long-Time Director As New Chairman

US retailer Costco Wholesale has announced that Hamilton E. James has been elected as chairman of the board of directors. James is currently president a...

Costco Records 9% Sales Growth In July

US wholesale corporation Costco has reported that sales increased by 8.8% year-on-year to $9.41 billion for the month of July. For the forty-eight weeks...

Costco Wholesale Co-Founder Brotman Dies Aged 74

Costco Wholesale Corp. Chairman Jeffrey Brotman, who co-founded the company and helped kick off a movement that spread warehouse-style shopping to much of...

Costco Evades Amazon-Inspired Gloom As Sales Beat Estimates

Costco Wholesale Corp. bypassed the funk pervading the retail industry in the wake of Amazon.com Inc.’s deal for Whole Foods Market Inc., as its trea...