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Costco Wholesale News Archives

Costco Wholesale News Archives for May 2008

May 30, 2008 | Inside Bay Area

Costco profit soars, Sears sinks

Sears Holdings Corp., the largest U.S. department-store chain, reported an unexpected quarterly loss, while Costco Wholesale Corp.

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Related Topix: Retail, Sears Roebuck , New York

Thu May 29, 2008

MarketWatch

Costco Wholesale profit climbs 32%, topping forecasts

Costco Wholesale Corp., the largest U.S. warehouse retailer, reported on Thursday that fiscal third-quarter net income rose a stronger-than-expected 32% on 13% higher total sales and 8% higher same-store sales.

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Related Topix: Retail, Issaquah, WA

Tue May 27, 2008

The Honolulu Advertiser

4 planned Kapolei projects offer wide range of retailers

KO OLINA - Representatives from four very different retail projects planned for Kapolei in the next few years gave a preview of what's coming for retail-starved West O'ahu residents before about 150 wide-eyed ...

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Related Topix: Honolulu Metro, Honolulu, HI, Waipahu, HI, Kapolei, HI, Retail

Sun May 25, 2008

Reno Gazette-Journal

Stock to watch

Company: Costco Wholesale Corp. Headquarters: Issaquah, Wash. Web: www.costco.com Sector: Consumer staples, hypermarkets and super centers Description: This company operates more than 530 membership ...

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Related Topix: Retail, Reno, NV, Transportation, Automakers, Wabtec Corporate, Railroads

Fri May 23, 2008

Investopedia

Macy's Manages A Broken Smile

Traditional department stores have taken more than their fair share of lumps during the economic slowdown thanks to increased competition from discount stores like Wal-Mart and wholesale clubs like Costco .

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Related Topix: Retail, Wal Mart Stores, JC Penney

Wed May 21, 2008

RTE Business

Today in the press

The Irish Times says US retail giant Costco is still considering entering the Irish market, quoting one of its executives.

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Related Topix: Retail

Mon May 19, 2008

Commercial Property News

Exclusive on the Web Including a Partnership with:

Woolbright Development broke ground on the 155,000-square-foot Valencia Square, located at the northwest corner of Jog Road and Woolbright Road in Boynton Beach, Fla. via Commercial Property News

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Related Topix: Retail

Sat May 17, 2008

Motley Fool

Video: Retail Stocks: Winners and Losers

More Fool fare: Wal-Mart is a Motley Fool Inside Value pick, Costco is a Motley Fool Stock Advisor recommendation, and Volcom and Zumiez are Motley Fool Hidden Gems recommendations. via Motley Fool

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Related Topix: Financial Markets, Retail, Target, Zumiez, Apparel

Thu May 15, 2008

Motley Fool

Is TJX a Bargain?

Total sales increasing 6.2% and adjusted earnings improvement of 10.8% wasn't enough to impress investors, as the stock is down more than 4% today. via Motley Fool

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Related Topix: Retail, Wal Mart Stores

Tue May 13, 2008

MarketWatch

Some good, some not so hot

“Overall, the picture looks pretty. When you dig in the numbers, you see consumers are trading down. From Target to Wal-Mart and Abercrombie to Aeropostale. Parents are trading down and teens are trading down.”

Consumers seeking value and buying groceries and other necessities bolstered April sales at discounters, and a tighter hold on wallets led to cautious spending in discretionary items, yielding mixed results for ... via MarketWatch

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Related Topix: Retail, Saks, Wal Mart Stores

Sun May 11, 2008

SmartMoney

How to Cut Food Costs

“Entrepreneurs are buying as much as they can”

BARRING ANY SIGNIFICANT cutbacks in your dietary habits, it's nearly impossible these days to keep your food bills from getting fatter. via SmartMoney

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Related Topix: Baked Goods, Life, Food, Bread, Retail

Fri May 09, 2008

Denton Record-Chronicle

Retailers report mixed picture for April

By MARIA HALKIAS / The Dallas Morning News mhalkias@dallasnews.com J.C. Penney Co. via Denton Record-Chronicle

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Related Topix: JC Penney, Retail, Dallas Metro

Thu May 08, 2008

Reuters

Shoppers go after bargains in April

“The economy continues to get tougher and the 'paycheck cycle' is more pronounced for customers than in past months”

Apparel chains struggled through another dismal month in April as they tried to bring in cash-strapped shoppers, but discounters fared well as consumers hungered for bargains to buy necessities. via Reuters

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Related Topix: Retail, Wal Mart Stores

WNED.org

Futures point to rebound on Costco, Wal-Mart

“Costco's numbers were good and the market's expecting to see some more decent numbers because you've got the rebate checks just starting to hit the system”

Stocks looked set to rebound on Thursday as Costco Wholesale Corp and Wal-Mart Stores Inc were among retail chains posting higher-than-expected monthly sales figures. via WNED.org

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Related Topix: Financial Markets, Retail, Wal Mart Stores

hosted CBS 5 | CBS 5

Retailers Post Mixed Results In April

“They are feeling the pinch on multiple fronts.”

Consumers gave some of the nation's retailers a little relief in April following months of dismal sales, but business was helped along by heavy discounting that could hurt first-quarter earnings.

Early sales reports issued Thursday showed that shoppers - who are contending with rising gas prices, sagging home and worries about their jobs - bought the basics at discounters and wholesale clubs. That made Wal-Mart Stores Inc. and Costco Wholesale Corp. among the top performers last month, while most mall-based apparel stores, whose merchandise falls into the category of discretionary items, struggled. Read more

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Related Topix: Retail, Wal Mart Stores

Wed May 07, 2008

MarketWatch

Calendar shift to lift April sales, but weak trends still visible

“Mass merchant sales should continue to benefit from food, household product and gas price inflation. Demand for apparel and other discretionary items remains weak.”

Retailers' sales in April are expected to rebound from a downbeat March, boosted by warmer weather in the first half of the month and a calendar shift in Easter that resulted in an extra selling day. via MarketWatch

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Related Topix: Retail, Weather, Wal Mart Stores

Mon May 05, 2008

Alaska Journal of Commerce

Sam's Club, Costco limit rice purchases amid shortages

“We are not seeing any signs of concern in the supply chain that would cause us to limit the sales of any items”

The two biggest U.S. warehouse retail chains are limiting how much rice customers can buy because of what Sam's Club, a division of Wal-Mart Stores Inc., called "recent supply and demand trends." The broader ... via Alaska Journal of Commerce

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Related Topix: Retail, Wal Mart Stores

Sat May 03, 2008

Wage Law

Court Orders Production of Costco's Attorney-Client Communication in Overtime Class Action

In an unusual opinion, the Second District Court of Appeal ordered Costco Wholesale Corp. via Wage Law

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Related Topix: Retail

Thu May 01, 2008

Bookofjoe

Rice Rationing - at Costco?

“We are not seeing any signs of concern in the supply chain that would cause us to limit the sales of any items”

And also at Sam's Club, though - for now - Wal-Mart will let you buy as much as you want. via Bookofjoe

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Related Topix: Retail, Wal Mart Stores

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