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Costco Wholesale Corp.

  • Wegmans, Amazon.com top corporate reputation list

    Wegmans Food Markets, Costco, Publix and CVS are among the highest ranked companies in terms of corporate reputation, according to a new poll.

    The 16th annual Harris Poll Reputation Quotient study ranked the reputations of the 100 most visible companies. Scores range from excellent (scores of 80+) to poor (scores of 50 to 64).

  • Costco comps flat in January

    Costco’s same store sales flat-lined in January, disappointing many analysts who had expected a 1.2% increase.  
  • Wegmans edges out Amazon to top Harris corporate reputation poll

    New York — With just 85 stores, Rochester, New York-based Wegmans Food Market edged past online giant Amazon to take the top spot for corporate reputation among the 100 most visible companies, according to the 16th annual Harris Poll Reputation Quotient study.

    Harris Poll expanded the list to 100 companies this year, up from 60, to offer deeper insight by industry. As a result, three of this year’s top 10 companies are debuting on the list, including No. 1 Wegmans, No. 7 L.L. Bean and No. 8 Publix Supermarkets.

  • Costco to pay special $5 dividend

    Issaquah, Wash. -- Costco Wholesale Corp. has declared a special one-time dividend of $5 per share that will result in approximately $2.2 billion being returned to shareholders.  

    In its mostly recently reported quarter, Costco posted a 17% increase in profits, driven by lower gasoline prices and strong growth in store sales and membership fees.

  • Sam’s Club faces new competitive threats

    Jet and Boxed are two online retailers taking aim at the warehouse club channel and drawing increased funding from venture capitalists who believe the channel is vulnerable.

    New York-based Boxed has raised $33 million and operates three physical warehouses in the Northeast that shoppers interact with digitally. It does not charge a membership fee.

    Jet charges a membership fee and functions more like a marketplace by providing a platform for third party sellers.

  • Four 2015 Retail Trends You Haven’t Already Heard About

    By Dave Weinberger, CBX

    Have you read any 2015 retail trend forecasts lately? Let’s face it, many so-called trends for the year ahead — the need to focus on things like mobile payment, customization, foodservice, smaller formats or millennial shoppers, to name a few — are at this point just the cost of doing business.

  • Costco comps surge 8% in U.S.

    Costco showed again in December why it’s the cream of the crop among warehouse club stores.

    The Wash.-based retailer reported an increase of 8% in same store sales in the United States, excluding gasoline sales and foreign exchange. Same-store sales at international stores rose by 1%.

    Net sales for the retailer rose 5% to $12.12 billion in December from $11.53 billion a year earlier.

  • Costco comps surge 8% in U.S.

    Costco showed again in December why it’s the cream of the crop among warehouse club stores.

    The Wash.-based retailer reported an increase of 8% in same store sales in the United States, excluding gasoline sales and foreign exchange. Same-store sales at international stores rose by 1%.

    Net sales for the retailer rose 5% to $12.12 billion in December from $11.53 billion a year earlier.

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