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Costco Wholesale Corp.

  • Study: Amazon low-price leader in several categories

    Ottawa, Canada - Amazon.com was the predominant low-price leader in several product categories from January through early April 2014. 360pi compared the pricing strategies of the industry’s top retailers, such as Amazon, Walmart, Home Depot, Costco and others, all based off of Amazon’s own product assortment relative to other retailers in power drills, televisions and outdoor gear.

  • CST Brands plans 38 new stores

    San Antonio – Convenience store operator CST Brands plans to open 38 new stores in North America during fiscal 2014. That includes 30 new stores in the U.S. and eight in Canada.

  • Costco, Baton Rouge, Louisiana

    Costco Wholesale Corp. has opened the doors to its second location in Louisiana, in the city of Baton Rouge. (The warehouse club giant made its Louisiana debut last fall, in New Orleans.) The store includes a bakery, fresh deli, food court, gas station, pharmacy and independent optometrist.

  • Retail sales show strength in April, led by Gap, L. Brands and Costco

    New York -- Many retailers reported better than expected sales in April, helped by warmer weather and a later-than-usual Easter. Gap Inc., L Brands, Costco Wholesale Club, The Buckle, Stein Mart and Zumiez all came in ahead of analysts estimates.

    At Gap Inc., same-store rose a better-than-expected 9% in April. By banner, sales were up 3% at Gap stores, 7% at Banana Republic and 18% at Old Navy. Analysts had expected Gap’s total same-store sales to inch up 0.1%.

  • Costco April sales beat analysts’ expectations

    The timing of Easter this year left Costco with 27 days of sales in April, rather than last year’s 28. But despite the Easter holiday shift, Costco still came out on top with a 7% increase in net sales that reportedly beat analysts’ expectations.

  • Staples to buy retail-focused PNI Digital Media

    Framingham, Mass. -- Staples Inc. said on Monday that it has agreed to buy PNI Digital Media, Canadian company whose software platform enables retailers to sell such personalized products as photo books, calendars, business cards, documents, wedding invitations, and stationery. The cash transaction is valued at approximately C$73.9 million ($67.5 million).

    PNI’s software powers both online and in-store platforms. Its retail clients include Costco and Walmart Canada.

  • Report: Google expanding same-day delivery service to Manhattan, Los Angeles

    New York -- Google is reportedly expanding its same-day Google Shopping Express service to Manhattan and Los Angeles, according to the New York Post.

    The service strives to make same-day deliveries from Fairway, Walgreens, Target, Costco and other retailers to anyplace in Manhattan for $4.99 per store, the report states.

    The article says that the service, first launched in San Francisco last year, will expand to Brooklyn and Queens in the coming months.

  • The New Normal?

    New retail space in 2013 was once again heavy on redevelopment, expansion and outlet centers

    Year five and, once again, too few square feet in ground-up shopping center construction to rank the “Fastest-Growing Developers” as has been the Chain Store Age tradition for the 20 years prior.

    Today, developers seem fated to redevelop and expand existing centers, develop 300,000-sq.-ft. to 600,000-sq.-ft. outlet centers and perhaps add an occasional grocery-anchored infill center.

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