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Costco’s sales bounce back in May

We review Costco’s May performance as trading evolves into a more normalised pattern and retailers start to adjust their strategies to win the one big shop.

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Costco Q3: coronavirus costs hit profits as sales surge

We review Costco’s Q3 results, including how it’s adapting to a more normalised trading environment. Key numbers Net sales for the quarter increased 7.3% to $36.5bn Net sales, year-to-date are up 7.8% at $111.0bn Q3 comparable club sales, excluding currency and fuel impacts, were up 7.8%, including growth of 8.0% in the US, 3.0% in Canada and 12.2% in other international markets ...

Costco’s warehouse sales take hit, but ecommerce surges in April

We review Costco’s April performance as social-distancing measures impacted traffic and sales. Net sales fall 1.8% Costco’s net sales in April fell 1.8% to $11.4bn, while comparable stores sales fell 0.5%, excluding the impact of fuel and foreign currency movements. Comp sales were flat in the US, down 5.0% in Canada and up 2.0% in other international markets. The performance was impacted b...

Costco to open new store in Suzhou, China

The retailer will open a new store in Suzhou, an eastern city near Shanghai. It will the company’s third location in the country. Expanding presence and targeting middle class shoppers The retailer is planning for a warehouse store with a floor area of more than 50,000 sq m in Suzhou New District. It opened its first store in Shanghai in August last year. Earlier this year, the re...

Presentations

Costco Snapshot

01/07/2020

An essential summary of trading priorities, latest developments, and other key commercial insights for Costco.

Strategic outlook for Costco

16/04/2020

We review the outlook for Costco over the next five years, looking in-depth at its global strategic objectives and key markets as sales are set to grow beyond US$214bn by 2024.

USA Country Presentation

17/12/2019

This guide to USA explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

First look at Costco in Shanghai

11/09/2019

Costco opened its first store in China on 27 August 2019, we assess how the retailer has approached market entry and how it is looking to win in Asia’s largest grocery market.

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Key presentations

Strategic outlook for Costco

We review the outlook for Costco over the next five years, looking in-depth at its global strategic objectives and key markets as sales are set to grow beyond US$214bn by 2024.

USA country presentation

This in-depth guide to the USA explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

Costco snapshot

An essential summary of trading priorities, latest developments, and other key commercial insights for Costco.

Access key indicators for over 400 retailers and grocery market sizes for over 180 countries.

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