PYMNTS-MonitorEdge-May-2024

Costco

Costco Reports 90.6 Pct Spike In eCommerce Amid Pandemic
Costco Reports 90.6 Pct Spike In eCommerce Amid Pandemic
September 24, 2020  |  Earnings

Costco Wholesale Corp. reported on Thursday (Sept. 24) that its eCommerce sales spiked 90.6 percent in its fourth quarter. The wholesale club also reported an...

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Grocery Roundup: DSW Tries Selling Shoes In Supermarkets, Amazon Fresh Expands, Costco Misses An Opportunity
Grocery Roundup: DSW Tries Selling Shoes In Supermarkets, Amazon Fresh Expands, Costco Misses An Opportunity
September 24, 2020  |  Retail

The race among the nation’s grocers carried on this week, as the big names continued attempting to expand their influence throughout the sector. Well …...

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The Tiffany-Costco Counterfeit Dispute Is Back
The Tiffany-Costco Counterfeit Dispute Is Back
August 19, 2020  |  Legal

Counterfeit goods on online marketplaces have seen an explosion amid COVID-19 from both those who attempt to pass off fakes and the platforms that try to block...

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Costco Plans For Five New Store Locations This Fall
Costco Plans For Five New Store Locations This Fall
July 17, 2020  |  Retail

Even with a rise in COVID-19 cases in a number of states, Costco intends to open five new stores prior to September’s close, in addition...

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Costco Same-Store Sales Rise 4.8 Pct Amid Pandemic
Costco Same-Store Sales Rise 4.8 Pct Amid Pandemic
May 29, 2020  |  Retail

As shoppers stocked up on products in bulk amid the pandemic, Costco’s same-store sales increased 4.8 percent for the period concluding on May 10. The...

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Costco Sets 3-Item Limit For Fresh Meat Products
Costco Sets 3-Item Limit For Fresh Meat Products
May 04, 2020  |  Retail

Costco is the latest retailer to limit fresh meat purchases because of processing plant slowdowns during the coronavirus pandemic. In an announcement on Monday (May 4), the...

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Instacart Rolls Out RX Delivery Service With Costco
Instacart Rolls Out RX Delivery Service With Costco
April 16, 2020  |  Delivery

Due to increasing customer demand for household goods, grocery and personal healthcare delivery, Instacart said it has rolled out a new prescription delivery service with Costco. The...

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Costco Earnings Hurt By Purchase Limits; eCommerce Sales Spike
Costco Earnings Hurt By Purchase Limits; eCommerce Sales Spike
April 10, 2020  |  Retail

Costco’s March and Q1 earnings report was expected to be a referendum on COVID-19 consumer purchase patterns. It didn’t disappoint on that front, but the...

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Costco Reduces Hours, Updates Return Policy Due To COVID-19
Costco Reduces Hours, Updates Return Policy Due To COVID-19
March 30, 2020  |  Retail

Amid the COVID-19 situation, Costco is cutting back on its store hours and changing some of its policies. The warehouse club will not accept returns...

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