Costco

Kroger Teams With DoorDash for Flower Delivery as Grocers Diversify
Kroger Teams With DoorDash for Flower Delivery as Grocers Diversify
December 12, 2022  |  Delivery

Kroger is delivering flowers on demand via DoorDash in a bid to differentiate its offerings. The supermarket group announced Monday (Dec. 12) that, across its...

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Costco Still Betting on Low-Priced Food Despite Softening Sales
Costco Still Betting on Low-Priced Food Despite Softening Sales
December 09, 2022  |  Earnings

Costco continues to lean on low-priced food options to attract shoppers even as performance lags. The bulk discount retailer shared on a call with analysts...

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Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
December 09, 2022  |  Retail

Costco’s strong membership and renewals were not enough to offset a slump in digital sales. According to Costco CFO Richard Galanti, while the retailer’s 847...

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Costco Sees Sales Cool From October to November
Costco Sees Sales Cool From October to November
December 01, 2022  |  Retail

Costco’s stock fell Thursday (Dec. 1) after the company reported slowing sales between October and November. The bulk discount retailer said sales for the four...

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Trader Joe’s Brings Back Sampling as Competition from eGrocery Grows
Trader Joe’s Brings Back Sampling as Competition from eGrocery Grows
October 06, 2022  |  Retail

While the vast majority of businesses’ pre-pandemic offerings returned a while back, there have been certain holdouts that continued to seem too risky even with...

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Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
September 23, 2022  |  Retail

Since opening its first warehouse store in Seattle 40 years ago, Costco has never wavered from its mission “to continually provide our members with quality...

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Disney Takes Inspiration from Amazon Prime With New Membership Program Design
Disney Takes Inspiration from Amazon Prime With New Membership Program Design
September 01, 2022  |  Subscriptions

Value and savings are dominating consumer sentiment in a down year, causing a belt-tightening response that is leading more retailers and brands to lean into...

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Costco CEO: Membership Fee, Hot Dog Prices Won’t Change
Costco CEO: Membership Fee, Hot Dog Prices Won’t Change
July 11, 2022  |  Retail

Costco CEO Craig Jelinek said Monday (July 11) that it’s “not the right time” for the bulk-discount retailer to consider price increases in membership fees...

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Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
June 29, 2022  |  Retail

Today in food commerce, Sharebite raises $39 million in its Series B funding round and Israel-based computer vision company Trigo announces an autonomous grocery store...

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