THE FRIDAY 5: Target, Costco Divided on DEI; Deadly Shooting in Indiana
THE FRIDAY 5: Target, Costco Divided on DEI; Deadly Shooting in Indiana In the realm of retail, diversity, equity, and inclusion (DEI) have become hot topics, with major players like Target and Costco taking different approaches to the matter. While…
Costco Raises Pay for Hourly Employees
Costco Raises Pay for Hourly Employees Costco, the retail giant known for its commitment to employee satisfaction, has once again set a high standard by announcing a significant increase in wages for its hourly workers. With most U.S. workers set…
Costco Foods Courts to Replace Pepsi With Coke
Costco Food Courts to Replace Pepsi with Coke Costco, the beloved wholesale giant, is making waves in the beverage industry by announcing its decision to replace Pepsi with Coca-Cola in its food courts. This shift marks a significant change for…
Costco Shareholders Uphold DEI Initiatives
Costco Shareholders Uphold DEI Initiatives Costco Wholesale Corp. recently faced a crucial decision at its annual shareholder meeting regarding the continuation of its Diversity, Equity, and Inclusion (DEI) initiatives. The club retailer was challenged with a proposal calling for a…
Costco Teamsters Authorize Strike If Demands Aren’t Met
Costco Teamsters Authorize Strike If Demands Aren’t Met Costco Teamsters are gearing up for a potential strike as labor negotiations hit a roadblock. The Teamsters, a union representing Costco’s warehouse employees, have authorized a nationwide strike set to commence on…
Costco Is Canada's Top Grocery Retailer
In a recent analysis by dunnhumby, Costco Wholesale Corp. emerged as the leading grocery retailer in Canada, according to the Retailer Preference Index (RPI). This recognition reflects Costco’s consistent success in combining strong financial performance with favorable customer perceptions—a vital…
Costco Goes Greener in Latest Fiscal Year
Costco Wholesale Corp. has made significant strides in sustainability during its latest fiscal year, while continuing to report strong demand for groceries. Following its recent earnings call on December 12, 2024, the company’s President and CEO, Ron Vachris, highlighted its…
Grocery Categories Help Lift Costco’s Q1 Sales
As the holiday season approaches, Costco Wholesale Corp. is reporting positive financial outcomes for its first quarter, showcasing how grocery categories have significantly contributed to the company’s performance. For the 12-week period ending November 24, Costco recorded net sales of…
Costco Reports Strong October Sales
Costco Wholesale Corp. has reported impressive sales figures for October, showing a remarkable 7.2% increase compared to the same month in the previous year. This surge comes despite challenges posed by external factors such as hurricanes and port strikes that…
Weis Posts Solid Comp-Store Sales in Q3
Weis Markets Inc. has shown impressive financial performance in its third quarter ended September 28, recording net sales of $1.19 billion, an increase of 2.2% compared to the previous year. Such growth is particularly noteworthy in the current retail climate,…
