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Costco Wholesale Corp.

  • Costco head named one of the top CEOs by Barron's

    NEW YORK — Costco Wholesale CEO Jim Sinegal has made the Barron’s magazine list of the top 30 CEOs.

    Sinegal earned the 22nd spot on the list. The magazine pointed out his busy travel schedule, which takes him to most of Costco’s 582 stores every year, as well as a recent trip to Asia from which he arrived in Issaquah, Wash., at 8 a.m., showered and was in the office at 9 a.m.

    The article can be accessed here.

  • Two die at Costco warehouse in Japan

    Tamasakai, Japan -- Costco Wholesale said Tuesday that two people died when a parking garage collapsed at its warehouse in Tamasakai during the earthquake, according to a report by the Seattle Times.
     
    The store sustained significant damage and will remain closed for several months for inspections and repairs, said Costco.

  • Same-store sales gaining momentum

    Speaking at the Raymond James and Associates investor conference earlier this week in Orlando, Sam’s Club president and CEO Brian Cornell reaffirmed that Sam’s would achieve its first-quarter sales plan that calls for comp growth in the range of 1% to 3%.

  • More admired than Costco, not as much as Walmart

    The March issue of Fortune contains the magazine’s annual ranking of the most admired companies, and this year’s list shows Target ranked 22nd. Only Walmart (11) and Nordstrom (21) were ranked ahead of the company. Other notable retailers on the list who ranked lower than Target included Costco (29), Best Buy (36), eBay (45) and Lowe’s (49).

  • One trend where Target is late

    For a company so often on the leading edge of offering its shopper affordable fashions in the apparel and home categories, there is one area where Target has been slow to keep pace with the prevailing trend.

  • A lineup of tenants, including Whole Foods, gives New Jersey the nod

    Old Bridge, N.J. -- R.J. Brunelli & Co. said Thursday that it has completed a series of leases that will bring major retailers, restaurants, recreational facilities and personal services to sites in Middlesex, Monmouth, Ocean, Mercer, Union, Essex, and Bergen counties in central and northern New Jersey.

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