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Costco Wholesale Corp.

  • Savings go seamless with Instacart’s new CPG solution

    Now that its service has gained traction with retailers, on-demand delivery provider Instacart has created a new promotional platform for brands to connect with shoppers.

  • Costco logs a 4% increase in same-store sales

    October was a good month for Costco, which reported growth in same-store and total sales.

    The club retailer posted a 4% increase in U.S. same-store sales for October, excluding gasoline price deflation and currency fluctuation. sThe comp increase was 5% for the whole company.

    For the month, the company saw $8.78 billion in net sales and $19.53 billion over the four weeks. Though Costco’s U.S. sales saw a slight increase, its Canadian stores saw an 8% decrease in same-store sales for the month and a 9% decline over four weeks.

  • Costco adds more digital expertise to board

    For the second time in less than a month, Costco has elected a veteran of the telecommunications industry to serve on the retailer's board of directors.

    Costco announced that John W. Stanton, chairman of Trilogy International Partners, Inc., and Trilogy Equity Partners, has been elected to Costco's board. Stanton founded and served as chairman and CEO of Western Wireless Corporation, a wireless telecommunications company, from 1992 until shortly after its acquisition by ALLTEL Corporation in 2005.

  • Fifth straight quarter of comp growth for Build-A-Bear Workshop

    Build-A-Bear Workshop logged an increase in same-store sales in the third quarter even as the company enters what is historically its most profitable season.

    Same-store sales at the specialty retailer increased 2.1% in the third quarter ended Oct. 3. This was the fifth consecutive quarter it grew same-store sales.

  • 5th straight quarter of comp growth for Build-A-Bear

    Build-A-Bear Workshop logged an increase in same store sales in the third quarter even as the company enters what is historically its most profitable season.

    Same store sales at the specialty retailer increased 2.1% in the third quarter ended Oct. 3. This was the fifth consecutive quarter it grew same store sales.

  • Survey: The top brand with U.S. consumers is…

    Companies that are partially or entirely devoted to retailing dominate a new list of top brands among U.S. consumers.

    According to a new study from Boston Consulting Group (BCG), Apple is the top brand with U.S. consumers. Following are Amazon and Walmart. Other retailers in the top 10 list include Netflix, Costco and Chick-Fil-A.

    But the survey also showed that Walmart and Apple rank first and third among America's least favorite brands, indicating that "brand love" can be volatile and turn quickly negative.

  • Top retailers back Obama climate change pledge

    Ikea and Best Buy are among the top retailers supporting a U.S.-sponsored pledge to act on combating climate change.

    President Barack Obama met with a group of business leaders Monday at the White House to announce the signatories of the American Business Act on Climate Pledge.

    "The perception is that this is an environmental issue, it's for tree-huggers, and that hard-headed business people either don't care about it or see it as a conflict with their bottom lines," Obama said.

  • Costco adds digital knowledge to its board

    Costco is adding a bit of digital expertise to its ranks with its latest new board member.

  • HSN brings the showroom to the living room

    Retailers constantly experiment to serve customer needs in new ways and HSN has taken that concept to a new level with an initiative involving Ford.
     
    Through the end of October, HSN and Ford Motor Company are offering a “preferred price event” based on the core value proposition of a prenegotiated price on a wide range of the automaker’s models.
     

  • Target kicks off the holiday price wars

    The competition for retailers selling online just got a lot more intense with a new price-match policy from Target just ahead of the prime holiday shopping season.

    Beginning Oct. 1, Target will price-match the websites of 29 major retailers in stores and for purchases from their website.

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