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Costco Wholesale Corp.

  • Breach may affect major retail photo sites

    Vancouver – The third-party vendor hosting online photo sites of at least six major retailers may have been the victim of a security breach. The photo pages of CVS, Sam’s Club, Costco, Rite Aid, Wal-Mart Canada and Tesco, all clients of Vancouver-based PNI Digital Media Inc., have been temporarily taken down.

  • Survey: These two retailers satisfy gas customers

    Louisville, Colo. – When it comes to filling their tanks, consumers are most satisfied by two retailers.

    Wawa and Costco are the most satisfying gas station/convenience store and wholesale/grocery/big box retailers for fuel, respectively, according to a new survey of 6,935 U.S. consumers by Market Force Information.

  • E-tailers top YouGov Brand Index in U.S.

    London - Two e-tailers, Amazon.com and Netflix, are the respective number one and two ranked brands in the U.S., according to the mid-year Brand Index from consumer research firm YouGov. Social video platform is the number three brand in the index, meaning the top three is made up of brands that focus on services delivered through the Internet.

  • Retailers report June sales

    New York -- Although the list of retailers reporting monthly sales has grown considerably slim over the past few years, a handful are still going public with the metric.

    Costco Wholesale Corp. announced on Thursday that its same-store sales fell 1% in June, following a 1% drop in its most recent quarter (ended May 1), which was the chain’s first quarterly drop since 2009.

  • Costco comps increase in June

    Headwinds from fuel price fluctuations and currency exchange rates lessened for Costco in June as the retailer posted a bump in same store sales.

    The warehouse club reported net sales of $11.01 billion for the month of June, the five weeks ended July 5, an increase of 1% from $10.88 billion during the similar period last year. Same store sales, excluding the negative impacts from gasoline price deflation and foreign exchange, were 6%. 

  • Nordstrom Rack in 2017 opening

    Seattle -- Nordstrom remains on the move with its off-price division.

  • C-store operator closes OneStop purchase, dropdown transaction

    San Antonio, Texas - CST Brands Inc., through its CrossAmerica Partners LP wholly-owned subsidiary, has closed its previously announced acquisition of the Charleston, West Virginia-based One Stop convenience store network. CST is also moving 29 recently constructed stores into its wholly-owned CrossAmerica partnership via two “dropdown” transactions.

  • Moody’s is wild for Walmart Neighborhood Market

    New York -- Walmart’s Neighborhood Markets format offers a compelling source of new sales growth for the nation’s largest retailer, according to a report by Moody’s.

    Despite strategic shifts to compete more successfully with the company, traditional supermarkets will feel the pressure as Walmart moves to increase its already dominant share of the US grocery segment.

  • No wonder Ahold and Delhaize merged

    Walmart Neighborhood Markets offer a compelling source of new sales growth for the company, Moody’s says in a new report. 

    Despite strategic shifts to compete more successfully with the company, traditional supermarkets will feel the pressure as Walmart moves to increase its already dominant share of the U.S. grocery segment.

  • Mid-America Real Estate handles sale of Chicago-area center

    Chicago - Mid-America Real Estate Corp.’s Investment Sales team recently brokered the sale of Randhurst Village in the Chicago suburb of Mount Prospect. Tarrytown, New York-based DLC Management Corp. purchased the 1,009,937-sq.-ft. regional power and lifestyle center.

    Randhurst Village national tenants include Costco, Home Depot, Jewel-Osco, AMC Theaters, Carson Pirie Scott, Bed Bath & Beyond, Sports Authority, TJ Maxx, Old Navy, PetSmart and World Market.

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