Thursday, April 9, 2020

Costco's March same-store sales jump as coronavirus triggers surge in buying

Reuters
Costco Wholesale Corp reported a 9.6% jump in March comparable sales, as customers stocked up on essentials to weather coronavirus-led lockdowns.

U.S. comparable sales rose 10.7% for five weeks ended April 5, while e-commerce sales surged 48.3%, Costco said in a statement.. . . more