Costco Wholesale Corp.
Data: Worldwide/North America
- Headquarters:Issaquah, Wash.
- Top Executive: Jim Sinegal, president, CEO
- Corporate Stores (global): 518
- Sales in $ Billions (USD): 63.088
- Date FY Ended: 9/2/07
- Countries of Operations: Canada, Japan, Mexico, Puerto Rico, South Korea, Taiwan, UK, USA
- Website: www.costco.com
Overview
Groceries, encompassing food, sundries and fresh products, plus pharmacy and gasoline, accounted for 63% of Costco’s total sales, or $39.8 billion. Of the company’s total volume, 80% came from 385 warehouses in the U.S. and Puerto Rico, 13.5% from 71 warehouses in Canada and 6.5% from 64 warehouses in Mexico, the United Kingdom, Japan, South Korean and Taiwan.
Recent articles on Costco Wholesale Corp.
Costco
Economic Storm Finally Crashes Into Supermarkets
Aug 04, 2008, Supermarket News, By DAVID ORGEL Editor-in-Chief david.orgel@penton.com
Until late last month supermarkets still could say they were mostly unscathed by the economic slump. Sure, consumers showed signs of trading down and retail distribution costs were increasing, but the economy's troubles hadn't yet altered financial projections. That all changed with a string of forecast revisions that finally made it official: Supermarkets had joined the list of victims. Operators
THE WEEK IN STOCKS
Aug 04, 2008, Supermarket News - Subscribers Only
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, JULY 31, 2008 MARKET SUMMARY gainers 14 losers 10 unchanged 0 United Natural Foods +6.36% Spartan Stores +5.59% Supervalu +4.32% MOST ACTIVE BY VOLUME Wal-Mart 68,038,955 Costco Cos. 32,669,114 Target 28,208,783 AS PERCENTAGE OF SHARES OUTSTANDING A&P 13.98% Whole Foods 9.16% Costco Cos. 7.51% Empire -23.24% Metro -11.38% Village
Olympic Highlights to Air in PRN Checkout Lanes
Jul 31, 2008, Supermarket News
ThomsonÂ’s Premier Retail Networks (PRN) has been selected as the exclusive provider of NBCÂ’s Olympics highlights to retail shoppers during the 2008 Beijing Olympic Games.
SN Executive Changes Archives
Jul 28, 2008, Supermarket News
Retailers Issue Dim Outlooks
Jul 28, 2008, Supermarket News - Subscribers Only, By MARK HAMSTRA
A flurry of sales and earnings forecast revisions by food retailers during the last 10 days slammed industry stocks and raised more questions about how the inflationary environment is altering consumers' shopping habits. Safeway, Supervalu, Delhaize and Costco all tempered their near-term outlooks for growth in either sales or profits, or both. Everyone is saying the same thing that customers are
THE WEEK IN STOCKS
Jul 28, 2008, Supermarket News - Subscribers Only
MARKET SUMMARY gainers 7 losers 17 unchanged 0 Nash Finch +5.88% Weis Markets +5.36% Arden Group +3.73% MOST ACTIVE BY VOLUME Wal-Mart 84,252,964 Target 41,971,855 Costco Cos. 32,513,655 AS PERCENTAGE OF SHARES OUTSTANDING BJ's Wholesale Club 20.11% Whole Foods 15.90% Supervalu 9.98% A&P -35.05% Empire -23.24% Supervalu -20.77% The SN Composite Index INDICES Last Week This Week Pct. Change Dow Jones
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