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Costco Gas Demand Hits Record as Low Prices Drive Member Visits

Costco Wholesale (COST, Financials), the membership-based warehouse retailer, reported record gasoline demand during the quarter ended May 10 as consumers sought lower prices at the pump.Chief Executive Ron Vachris said several warehouses required multiple fuel deliveries each day, while the final…

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Costco Faces Summer Price Fight

Costco Wholesale (COST, Financials), the warehouse retailer known for bulk groceries, household goods and membership pricing, may be heading into a more competitive summer.Walmart and Kroger have both been cutting prices, especially in food, as they try to bring in budget-conscious shoppers. Everco…

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Costco June Sales Rise

Costco Wholesale (COST, Financials), the membership-based warehouse retailer known for bulk groceries, household goods and value pricing, posted another solid month of sales growth in June.The company said net sales rose 10.6% from a year earlier to $29.24 billion.For the first 44 weeks of the fisc…

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Can Costco Stock Build a Meaningful Retail Media Business?

Costco Wholesale Corporation COST is expanding its retail media capabilities to build an incremental digital revenue opportunity while strengthening member engagement. A major step in this strategy is the recently launched collaboration with Google Commerce Media and YouTube. This partnership serve…

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