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Costco Wholesale Corp.

  • Instacart in big expansion

    Online delivery service Instacart is launching its first expansion of 2016 – and it’s a big one.

    Instacart is now offering deliveries in as little as one hour from Whole Foods Market, Gelson’s Market, Stater Bros. Markets, Ralphs, Smart & Final, Costco (no membership needed), Petco, and H Mart to residents of Orange County, California. Whole Foods will offer delivery via Instacart at prices that are the same as shoppers find in-stores.

  • Study: Retailers vary and so should retail minimum wages

    Should Walmart and Costco be required to pay employees the same minimum wage?

    The answer is no, at least that’s the conclusion of a new study according to the National Center for Policy Analysis, a conservative think tank based in Dallas.

  • Experience Counts

    There may be debate among presidential candidates about whether experience is a positive or negative attribute, but for open-air centers, experience is a must. With the ease of online shopping, today’s consumers need a reason beyond the chance to visit their favorite stores to make a trip to their local center.

  • Costco doing something it hasn’t done in nine years

    Costco Wholesale Corp. is raising entry-level wages for its hourly workers for the first time since 2007.

    The move comes as other major retailers have been upping the minimum wages for their entry-level workers amid a tightening job market.

    Starting this month, Costco will pay workers $1.50 more per hour in the U.S. and Canada. Workers will now earn at least $13 or $13.50 per hour, up from a minimum of $11.50 or $12 per hour.

  • CST Brands puts itself up for sale

    Convenience store chain CST Brands has addedtwo new independent directors to its board and announced it plans to pursue “strategic alternatives” that could include selling the company.

    The company says the strategic review process will be comprehensive and will include a fresh look at several of CST's previously announced strategic initiatives and plans.

  • Costco prevails during holidays

    Costco’s profit fell short of analysts’ estimates at the mid-point in its fiscal year, but business trends were solid in the company’s second quarter with a 4% same store sales increase at U.S. locations.

    The company said its total revenues for the period ended Feb. 14, which included the holidays, increased 2.6% to $28.2 billion. Merchandise and service sales increased 2.6% to $27.9 billion and membership fees increased 3.6% to $603 million.

  • Report: Sam's Club to overhaul grocery offerings

    Sam's Club is building a team of regional U.S. buyers to bring in more local and organic groceries in order to attract wealthier customers and better compete with Costco.

    According to Reuters,Sam's Club has hired a handful of buyers in Dallas and is considering putting teams in up to five other markets, John Furner, chief merchandising officer at Sam's Club, told Reuters. Until now, all of its buyers have worked out of company headquarters in Bentonville, Arkansas.

  • Which online retailers satisfies the most?

    When it comes to making online customers happy, one well-known name stands at the top.

    Fourth quarter data from the American Customer Satisfaction Index (ACSI) shows Amazon.com led all online retailers with a score of 83.out of 100. Compared to the prior year, overall Internet retail customer satisfaction slipped 2.4% to a score of 80 out of 100. This still leads all other retail categories in the Index.

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