Chain Store Age
Costco Wholesale Corp. came strong out of the gate in the first month of the year.
The membership warehouse club retailer reported net sales of $11.57 billion for the four weeks ended February 2, 2020, up 8% from $10.71 billion in the year-ago period. Total same-store sales (excluding the impact of gasoline and foreign exchange) rose 5.3%, with a 5.6% increase in the U.S. E-commerce comparable sales surged 17.2%. . . . more
