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Costco Wholesale Corp.

  • Lowe’s makes big purchase for big Hawaii store

    Mooresville, N.C. – Lowe’s Companies Inc. is making a big purchase that will enable it to build a big store on one of Hawaii’s biggest islands.

    The retailer is purchasing an 11-acre property in Kahului, Hawaii for $18.7 million from A&B Properties Inc., a subsidiary of Alexander & Baldwin.

    Lowe’s plans to build a 167,000-sq.-ft. store on the site, located on the island of Maui. The new store will be 16% larger than Lowe’s current store in Kahului, which it leases from a third party.

  • BJs names president and COO, successor to Sen?

    Christopher Baldwin has been named president and COO at BJ's Wholesale Club, Inc., putting the former Hess Retail CEO in position to succeed Laura Sen as CEO of the 208 unit warehouse club chain.

  • Instacart now delivering in another major city

    Fast growing e-commerce firm Instacart is now delivering groceries to a 17th major U.S. metropolitan area.

    Beginning this week, customers can order from Whole Foods Market, Costco (no membership needed), Marsh Supermarkets, Georgetown Market and Petco stores and have everything delivered by Instacart in as little as one hour.

  • Report: Suit accuses Costco of covering up slavery in seafood supply chain

    Issaquah, Wash. — A consumer lawsuit reportedly accuses Costco of knowingly purchasing shrimp from Thai providers that use slave labor and then misleading the public about the practice. According to the Puget Sound Business Journal, a California woman filed the suit in San Francisco federal court.

  • Consumers rate the most helpful in-store technology

    Pittsburgh -- Consumers love their smartphones, but retailers shouldn’t count out the “old tech” yet in terms of customer appeal. And merchants will have to put some effort into getting consumers to accept some of the new high-tech bells and whistles.

  • U.S. retail giant may run into trouble in this country

    New York -- As Costco Wholesale inches closer to opening its first location in France, the retailer may not find the country such an easy target by any measure, reported the Seattle Times.

    In France, Costco will find itself on the doorstep of hypermarket giants Carrefour, Auchan and Casino, which run huge stores selling a dizzying assortment of food and other products, according to the report.

    For the full story, click here.

  • Why Costco should have a fear of France

    Lost jobs, ugly architecture, picky consumers and stiff competition are among the reasons why Costco may have a tough time achieving success in France, according to a Seattle Times report.

    The newspaper says the Washington-based retailer is building its first warehouse in France and envisions opening as many as 15 stores in that nation over the next 10 years. But whether Costco will succeed in attracting the French consumer is an important question.

    Read more by clicking here.

  • Costco rebounds from a weak June

    Things really aren't as bad as they seemed a few weeks ago for Costco, which just reported a sizable increase in same store sales for July.
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