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Costco

Retailers’ Balance Sheets Tell All

Published on December 23, 2008 at 16:15:49 EST

As holiday season sales results come rolling in, analysts stipulate that the downturn in sales may push even more retailers into bankruptcy court. But sales trends are not the only measure of a retailer’s health, Barron’s writes.

To distinguish the companies with promise from those that are truly in danger of going under, it examined other factors on the corporate balance sheet, like ratios of...
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Wal-Mart Only Retail Winner in Bleak Christmas Shopping Season

Published on December 23, 2008 at 15:36:41 EST

Wal-Mart is the only real retail winner during the 2008 holiday shopping season, which is presaging more retail bankruptcies in the year ahead, according to C. Britt Beemer, CEO of America’s Research Group (ARG), who issued his 2008 “Winners and Losers” list of retailers.

The “Winners and Losers” (complete list below) are determined by how well they did in retaining Christmas customers from...
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State of U.S. Same Store Sales - November 2008 Data Update

Published on December 09, 2008 at 16:26:04 EST

RetailerDaily has compiled comparable store sale data from the SEC filings of ten major U.S. retailers spanning 2007 and 2008 up to the most recently released November numbers. The data excludes fuel sales (which would have distorted numbers because of high gas inflation in 2008) and is available in Excel format from the link below:

Among the highlights this year, Wal-Mart shows more...
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Nov. Sales the Worst in 35 Years

Published on December 05, 2008 at 13:50:29 EST

Despite the shopping frenzy that took place on the last few days of the month, retail sales in November are the weakest they’ve been in 35 years, according to the International Council for Shopping Centers (ICSC) index.

The index, which tracks year-over-year same-store sales at US chain stores, dropped a record 2.7%, said the ICSC. And unlike preceding months—when a few segments still had...
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Retail Sales Marred by Web-Performance Issues, Browser Wars

Published on December 04, 2008 at 13:04:55 EST

With the market and retailers nervous about sales and shoppers scouring the web for bargains, it’s no time for website outages or slowdowns—but many of the largest brands disappointed potential shoppers on Cyber Monday.

The websites of Dell, Victoria’s Secret and Williams-Sonoma, among others, had performance issues during the morning of Cyber Monday, causing them to lose sales opportunities and...
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Discount Retailers Report Mixed September Results

Published on October 08, 2008 at 11:52:01 EST

Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%.

Below, fiscal results from the discount retail giants:

Sales of food and medicine at Wal-Mart helped offset the impact of hurricanes Gustav, Hanna and Ike, which resulted in 341 store closings and a 0.4% decrease in total sales. Analysts...
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Costco Sales Up 9% in August

Published on September 03, 2008 at 14:27:04 EST

August gas prices were 40% higher than the same period a year earlier, helping to boost Costco’s US same-store sales by three full percentage points to reach 9% (via Marketwire).

International same-store sales growth increased 6% but was negatively affected by foreign exchange rates. On a local currency basis, international comparable sales increased 8% in August.

Total net sales in August...
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Costco Keeps Pricing Low, Making Stockholders Nervous

Published on July 31, 2008 at 12:53:06 EST

To keep sales levels high, Costco is keeping its prices low even amid soaring costs, but it risks angering stockholders as a result of lower profit margins, MarketWatch reports.

The discount retailer sent a warning to investors, saying its upcoming quarterly results would be “well below” Wall Street estimates. The warning caused its stock to slide nearly 14%.

Discount retailers were one of the...
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Costco, Macy’s Perform Well in Retail Loyalty Index

Published on June 16, 2008 at 20:42:24 EST

Costco is the No. 1 consumer choice for loyalty in the Grocery, Personal Care and Mass Merchant categories, and Macy’s is the top-ranked department store, according to COLLOQUY’s Retail Loyalty Index.

The Index is based on the results of a Nov. ‘07 survey of 3,000 US consumers asked to rate their loyalty to retailers at which they’d shopped most often in the previous three months. (Download Continue Reading »


Costco Riding High on Cost-Cutting Consumers

Published on June 11, 2008 at 17:30:24 EST

With May net sales of $5.77 billion (up 12% from May ‘07) and third-quarter fiscal revenue also up 13% from last year to reach $52.69 billion, Costco is benefiting from price-conscious consumers who are looking to save money on bulk purchases, MarketWatch reports.

Total company sales in May increased 7% in the US, 9% overall. Same-store sales from outlets open at least a year rose 6% in the...
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