Costco

How the Fortunes of the Fortune 500 Have Changed Since 1996
How the Fortunes of the Fortune 500 Have Changed Since 1996
August 07, 2023  |  Connected Economy

The 69th annual Fortune 500 list was published earlier this summer, and most people paid it little mind. What was once considered a coveted benchmark...

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Costco’s Membership Crackdown Follows Netflix’s Lead, But Will It Backfire?
Costco’s Membership Crackdown Follows Netflix’s Lead, But Will It Backfire?
June 28, 2023  |  Subscriptions

Costco is taking a page from Netflix’s book, cracking down on membership sharing, but the wholesaler may be overlooking a key difference between its membership...

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Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
May 25, 2023  |  Retail

Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. The membership warehouse club’s comp sales rose 0.3% year over year...

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Costco Reports Declines in eCommerce and Discretionary Sales in April
Costco Reports Declines in eCommerce and Discretionary Sales in April
May 09, 2023  |  Retail

At Costco, eCommerce and discretionary items saw declines in sales in April. During the four weeks that ended April 30, the membership warehouse club recorded...

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D2C Brands Court Warehouse Stores as Shoppers Seek Value
D2C Brands Court Warehouse Stores as Shoppers Seek Value
April 17, 2023  |  Retail

Direct-to-consumer brands are increasingly using warehouse club stores to reach new, bargain-hungry consumers. As a report Monday (April 17) by Modern Retail noted, this trend is well-established...

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Rise in Consumer Side Hustles Boosts Demand for Prepared Meals
Rise in Consumer Side Hustles Boosts Demand for Prepared Meals
March 27, 2023  |  Retail

With consumers working more jobs to make ends meet, many are seeking quick meals. The Context As rising economic pressures force many consumers to take...

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Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
March 02, 2023  |  Retail

Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives. On a call with analysts Thursday (March 2) discussing...

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Report: Target Faces Sustained Weakness and Declining Traffic
Report: Target Faces Sustained Weakness and Declining Traffic
January 04, 2023  |  Retail

Target is “no longer an attractive investment,” a Wells Fargo analyst said Wednesday, citing a range of continued headwinds and challenges. This, as Edward Kelly,...

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Online Grocery Shopping Contends With the Digital and Behavioral Shifts
Online Grocery Shopping Contends With the Digital and Behavioral Shifts
December 27, 2022  |  eCommerce

Increased online grocery shopping is a souvenir of the COVID shift, but supermarkets aren’t going anywhere. Now approaching three full years since the health emergency...

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