Costco Wholesale Corp.

San Antonio, Texas — CST Brands Inc., through its CrossAmerica Partners LP wholly-owned subsidiary, has acquired 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.

New York – Same-store sales generally showed modest growth in May 2015, on the whole meeting Wall Street analyst expectations. The apparel vertical in particular generally outperformed analyst predictions, although Gap, Banana Republic and Zumiez all reported negative same-store sales growth.

Following is a review of May same-store sales by vertical:

Apparel
Banana Republic: – 5%
The Buckle: 2.4%
Gap: – 6%
L Brands: 5%
Old Navy: 6%
Stein Mart: 1.9%

Costco reported a bump in U.S. same store sales for the month of May, but international comps declined.

Sam's Club is looking to gain an edge over Costco by overhauling its already first-in-its-category buy online, pick up in store service to appeal to more business customers.

Amazon  is facing increased competition these days. In some of the more publicized developments, subscription-based e-commerce site Jet.com is taking off soon, EBay is piloting a service to compete with Amazon Prime in Germany, and Google is reportedly planning to introduce a “buy” button that will turn searches into transactions.

Beyond the natural competition any successful business generates, there are specific factors making it more appealing than ever for retailers of all sizes to try taking on Amazon. Here are three of the most significant ones.

Issaquah, Wash. – Costco Wholesale Corp. reported rising profit in the third quarter of fiscal 2015. But a surging dollar and low gas prices resulted in sluggish sales growth and an unusual same-store sales decline, the company’s first quarterly drop since 2009.

Net income increased 9% to $516 million from $473 million, aided by relatively flat operating expenses.

Total revenue for the quarter, ended May 10, increased 1% to $26.1 million, below Wall Street expectations, from $25.8 million last year.

Costco Wholesale Corp. reported its first quarterly decline in same store sales since 2009, although profit at the club store did rise.

Same store sales declined 1% in the third quarter ended May 10, including fuel and foreign currency impacts. This was below the 0.7% growth expected by analysts. The company said sales were hurt by low gas prices and a stronger dollar that reduced the value of sales from overseas markets.

London -- The most valuable retail brand in the world lacks physical stores. At least that’s according to the tenth annual BrandZTM Top 100 Most Valuable Global Brands ranking, released by WPP and Millward Brown. Chinese online giant Alibaba took the top spot of the retail, with a brand value of $66.4 billion, overtaking Amazon, at $62.3 billion.

San Francisco – Instacart is taking its talents to South Beach. Consumers in Miami can now use the online delivery service to order from Whole Foods Market, Costco, Winn-Dixie, BJ’S Wholesale Club and Petco stores and have everything delivered by Instacart in as little as one hour.

Instacart customers do not need a Costco or BJ’s membership to shop from those stores. Miami is the 16th city where Instacart is offering deliveries.

Online grocery delivery service Instacart has had to add boats to its fleet of vehicles now that the growing company has decided to launch in Miami.

Customers in Miami can now order from Whole Foods Market, Costco, Winn-Dixie, BJ'S Wholesale Club and Petco stores and have everything delivered by Instacart in as little as one hour. Instacart customers do not need a Costco or BJ's membership to shop from those stores.