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Costco talks holiday plans, ecommerce development and further expansion as sales break through $160bn

We review Costco’s fourth quarter and full year sales, including the outlook for the holiday season, ecommerce development and further expansion.

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Costco UK reports sales of £2.6bn for 2019 year

Accounts filed by warehouse club operator, Costco UK, for 2018/19 show its sales increased by 2.9% to reach £2,618m over the 12 months. Operating profit rose by 32.4% to £19.2m, with operating margin up to 0.7%. Currently operating 29 warehouses Costco added one further warehouse in the course of the year, at Stevenage, bringing its UK total to 29. As with other new sites, Stevenage inclu...

Costco Canada partners with Instacart for same-day delivery

Building on an earlier pilot, Costco Canada and Instacart are partnering for a national same-day grocery delivery programme. On-demand delivery Same-day delivery will be offered from 76 of Costco Canada’s 101 outlets. The national roll-out follows on from a two-month pilot in Ontario. Although Costco Canada has offered a non-food, home delivery ecommerce proposition for several years, this ...

Costco sees strong growth in June

Costco's sales continue to improve, with net sales in June up 11.1% to $16.18bn. This reflects the shift towards one big shop and Costco's strength in this area. Strong growth across its markets The performance in June builds on the progress made in May, when net sales increased 7.5% to $12.6bn. During the month of June, sales were up in all regions, with the US growing by 11%, Canada up 8....

Presentations

Costco Snapshot

01/09/2020

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.

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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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