Costco: latest retail news, insights and analysis | ESM Magazine

Costco Beats Estimates As Shoppers Flock Back To Stores

Costco beat Wall Street estimates for quarterly revenue and profit, as consumers returning to its stores bought more groceries and splurged on high-margin...

Costco Warns Of Holiday Delays Even As Results Top Estimates

Costco Wholesale Corp beat Wall Street estimates for quarterly results, even as it warned of delays in toys and seasonal items over the holiday season due...

Costco And J&J Settle Lawsuits Over Recalled Sunscreen

Johnson & Johnson and Costco Wholesale Corp have reached a tentative agreement to settle lawsuits over the presence of a cancer-causing substance i...

Not Again? Costco Imposes Purchase Limits On Toilet Paper Amid Signs Of Panic Buying

Costco Wholesale has announced it is reinstating purchasing limits on some key items, including toilet tissues and bottled water, spurred by panic buying f...

Some US Retailers Amend Mask Policy In Stores: NACS

Costco, Walmart, and Trader Joe’s are among a number of US retailers that will no longer require customers to wear a face mask in their stores if the...

Costco Sees Net Sales Growth Of 17.6% In March

Wholesaler Costco has reported net sales of $18.21 billion in the five weeks ended 4 April 2021 registering an increase of 17.6% from $15.49...

Pandemic Shoots Up Costs For Costco, Profit Misses Estimates

Costco Wholesale Corp missed analysts' estimates for second-quarter profit, as the warehouse club operator spent more on employee benefits who worked...

Costco Lifts Minimum Wage Above Amazon Or Target To $16 Per Hour

Costco Wholesale Corp is raising the minimum wage for its hourly staff to $16 from next week, a dollar more than what its competitors Amazon.com Inc and Ta...