Costco – News Stories About Costco - Page 4

Cybercops Bust Retailers Whose Deals Are Too Good

Dec 4, 2008 9:57 AM CST

Cybercops Bust Retailers Whose Deals Are Too Good

(Newser) - Manufacturers have gone on the offensive to stop discounters from selling their products for less than the minimum advertised price they set, reports the Wall Street Journal. But companies like eBay and Costco are pushing for laws to ban the minimum prices. Some retailers, like Circuit City, use workarounds to...

CEO: Starbucks Perking Up

Oct 29, 2008 6:14 PM CDT

CEO: Starbucks Perking Up

After drop in third quarter, coffee chain's sales improved in October

(Newser) - Starbucks' CEO says the company is percolating again and may have hit bottom in the quarter that ended in September, the Wall Street Journal reports. The chain again saw declining sales, says Howard Schultz, but he also noted a “slight improvement” in October. Starbucks has been shutting stores, and...

The Costco Effect: Buy Cheap, Spend (and Eat) More

OPINION

Sep 25, 2008 3:30 PM CDT

The Costco Effect: Buy Cheap, Spend (and Eat) More

Having more of a good thing around the house can mean less in your wallet

(Newser) - Sure, warehouse stores are cheap: one exec says Costco marks up product at around 10%, compared to 20% at normal supermarkets. But, Neal Templin wonders in the Wall Street Journal, do bulk purchases actually save you money? “When there are more bagels in my refrigerator, I consume more of...

Nothing to Fear in Public School
as Costco

Aug 19, 2008 1:48 PM CDT

Nothing to Fear in Public School as Costco

Author/radio host/mom Sandra Tsing Loh outlines latest quest

(Newser) - For many urban, middle-class parents, sending kids to public school is a terrifying prospect. If you’re among that fretting class, Sandra Tsing Loh has a message: Chill out. In Mother on Fire: A True Motherf%#$@ Story About Parenting, Loh recounts her own journey through the school conundrum, and realizes...

Street Rallies on Retail, Jobs

MARKETS

Jun 5, 2008 3:17 PM CDT

Street Rallies on Retail, Jobs

Wal-Mart among big winners as indices rebound from 3 days of losses

(Newser) - The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&...

Sam's Club Joins Costco
in Limiting Rice Purchases

Apr 23, 2008 8:25 PM CDT

Sam's Club Joins Costco in Limiting Rice Purchases

Warehouse chains react to rising prices, apparent hoarding

(Newser) - Sam's Club joined Costco today in limiting how much rice customers can buy, Bloomberg reports. The restrictions by the nation's largest warehouse retail chains come with the price of rice at record highs around the world, which has spurred some to begin hoarding, Bloomberg notes. Sam's Club customers can buy...

Costco Sees High Demand
for Basics Rice, Flour

Apr 22, 2008 9:56 PM CDT

Costco Sees High Demand for Basics Rice, Flour

CEO attributes run to customer uncertainty over food supplies

(Newser) - Costco is seeing unusually high demand for basics such as rice and flour, Reuters reports, a development the warehouse giant attributes to customer uncertainty over global food shortages. The company, which sells to individual shoppers as well as restaurants, has put limits in place for those items at some stores....

March Retail Sales Fall Flat

Apr 10, 2008 11:29 AM CDT

March Retail Sales Fall Flat

Easter partly to blame as chains fall short of expectations

(Newser) - Retailers’ same-store sales were flat in March, due in part to an early Easter, the Wall Street Journal reports. The Thomson Financial Same Store Sales Index, projected to sink 0.1%, fell 1.1%, excluding Wal-Mart. Shoppers weren’t ready to buy for spring on the heels of winter, store...

Wal-Mart Leads Feb. Retail Rally

Mar 6, 2008 10:47 AM CST

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating...

Slow Jan. Sales Worry Retailers

Feb 7, 2008 8:46 AM CST

Slow Jan. Sales Worry Retailers

Wal-Mart misses January projections as recession concerns gain momentum

(Newser) - Winter storms and lagging gift-card redemption iced Wal-Mart’s January same-store sales growth, the retailer said, raising concerns the US is in a recession, reports the Wall Street Journal. Wal-Mart expected 2% sales growth in stores open more than a year, but saw sales bump just 0.5%. Its 1....

No-Frills Chain Has CEO
to Match

Dec 2, 2007 9:05 AM CST

No-Frills Chain Has CEO to Match

Costco's Jim Sinegal wins loyalty of his workers, customers

(Newser) - With his hot-dog lunches, second-hand desk, and disdain of ties, Jim Sinegal of Costco is not your typical Fortune 500 CEO. But the 71-year-old's steadfast devotion to the company's no-frills business plan and generosity to employees has helped make Costco a formidable player in the retail business, writes the Seattle ...

Martha Uncorks Wine Venture

Sep 16, 2007 3:49 PM CDT

Martha Uncorks Wine Venture

Home diva teams up with California winemaker to market $15 bottles

(Newser) - Martha's Stewart's next move might sound a little tipsy. The home diva is teaming with California wine magnate Gallo to launch Martha Stewart Vintage, which will distribute $15 bottles of Sonoma County chardonnay, cab, and merlot. The initial 15,000 cases will be released in cities where Stewart has a...

Whole Foods Cannot
Sow Wild Oats

Jun 6, 2007 8:30 PM CDT

Whole Foods Cannot Sow Wild Oats

FTC accuses crunchy granola types of monopoly grab

(Newser) - Even crunchy granola types may be monopolists at heart—at least according to the Federal Trade Commission.The FTC said yesterday it wants to block Whole Foods’ $670 million purchase of Wild Oats Markets, claiming that the sale will result in even higher-than-usual prices at the natural foods stores.

Death Be Not Proud
(At a Discount)

Apr 12, 2007 4:47 PM CDT

Death Be Not Proud (At a Discount)

(Newser) - What does it say about us, Mark Morford asks, that wandering the aisles at Costco in Palm Desert, CA, we come upon not only drums of olive oil and eighty-packs of frozen cream puffs, but over there, right next to the tires and the lawn furniture and right behind the...