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Costco Misses Revenue Estimates On Choppy Big Ticket Spend

Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday, hurt by cautious consumer spending on pricier items at its membership-o...

Walmart's Sam's Club To Raise Hourly Pay For 100,000 Workers From November

Walmart-owned Sam's Club said it would raise average hourly wages for nearly 100,000 of its workers, as part of a new employee compensation plan.

Costco Exceeds €500m Sales Barrier In Spain

Costco has surpassed €500 million in sales in Spain for the first time, driven by new store openings and increased membership.

Brazil's Assaí Atacadista Sees Sales Up 12.% In First Half

Brazilian cash and carry chain Assaí Atacadista has reported a 12.9% increase in net sales in the first half of its financial year, to BRL 35.1 bill...

Kroger Beats First-Quarter Estimates On Steady Grocery Demand

Kroger beat Wall Street estimates for quarterly same-store sales and profit, benefiting from more customers thronging its outlets for lower-priced grocerie...

Costco's Japan Wages Provide Pathway To Firing Up Nation's Low Pay, Economy

When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noo...

Costco Wholesale Misses Revenue Estimates On Weak Discretionary Spending

Costco Wholesale fell short of Wall Street estimates for quarterly sales due to tepid demand for higher margin goods.

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What Walmart May Gain From FTC's Kroger-Albertsons Lawsuit

The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships...