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Costco comps up in March
ISSAQUAH, Wash. — Costco Wholesale Corporation reported net sales of $9.67 billion for the month of March, the five weeks ended April 7, 2013, an increase of 7% from $9.07 billion during the similar period last year.
For the thirty-one weeks ended April 7, 2013, the company reported net sales of $61.02 billion, an increase of 8% from $56.34 billion during the similar period last year.
Total comparable-store sales for the month, excluding fuel were up 6%. For the thirty-one week period, they were up 5%.
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Reports: Costco looks to develop e-commerce in China
New York -- Costco Wholesale appears to be eyeing China's online commerce market, according to published reports.
The Southern Metropolis Daily, a newspaper based in the southern Chinese city of Guangzhou, reported Thursday that the Issaquah, Wash.-based club retailer was interested in entering the country's e-commerce market and was in the process of looking for local partners.