Topic: Costco Wholesale Corporation
Wholesale clubs grow as supermarkets slide
AP News
Whoelesale club operators see steady but modest gains against grocersPORTLAND, Ore. — A steady stream of shoppers looking for deals on necessities has helped wholesale club operators Costco Wholesale Corp. and BJ's Wholesale Club Inc. deliver profit gains while many of their grocery competitors struggle. Costco and its smaller competitor ...
On the call: Costco CFO Richard Galanti
AP News
Costco's CFO discusses competition among retailersThe down economy has caused a major shift in consumer spending. As shoppers cut back on how much they spend, they've become much more selective about where they spend those dollars — looking specifically to retailers that can offer the best deals. That led ...
Costco, BJ's miss profit estimates, Big Lots beats
Reuters US Online Report Business News
SAN FRANCISCO/NEW YORK (Reuters) - A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp <COST.O>, while BJ's Wholesale Club Inc<BJ.N> faced pricing pressure from rival ...
Costco posts higher profit
Reuters US Online Report Business News
(Reuters) - Costco Wholesale Corp <COST.O> on Wednesday reported a higher quarterly profit for its holiday quarter, helped by more shoppers coming into its stores and improved sales of discretionary items, like home decor and clothes. The No. 1 U.S. warehouse club operator also said its February ...
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