October 6, 2017

Costco’s introduction of two-day delivery service CostcoGrocer and expansion of its same-day delivery partnership with Instacart came alongside its fourth-quarter results, which showed a 21% rise in the company’s e-commerce sales. 

August 31, 2017

In addition, comparable e-commerce sales across all global markets for the four-week retail period were up 26%.

August 11, 2017

ISSAQUAH, Wash. — Costco has named one of its longtime directors chairman of its board of directors. The company on Thursday announced the board’s board election of Hamilton “Tony” James to the position.

James is Blackstone Group president and COO, as well as a member of Blackstone Group Management’s board of directors. He is a member of Blackstone Management Committee and sits on each of the firm’s investment committees. James has been a director of Costco since August 1988, becoming its lead independent director in 2005.

August 3, 2017

Total company same-store sales rose 6.2%, with a 6.0% increase in the United States.

August 2, 2017
The co-founder and chairman of Costco Wholesale Club, Jeff Brotman, 74, died Tuesday morning. He died in his sleep at his home and the cause of his death wasn’t immediately known.  
July 7, 2017

Costco posted net sales of $12.17 billion for the five weeks ended July 2, 2017, up 5% from $11.33 billion during the year-ago period.

June 2, 2017

Burnett is being remembered for his work as a pharmacy pioneer who helped build and grow Costco’s pharmacy business. 

June 1, 2017

Costco’s first monthly sales report since it beat Wall Street expectations with its Q3 results shows it continuing to right its ship after a difficult Q1 and Q2.

May 26, 2017

After missing Street estimates for earnings and revenue in its second quarter, Costco returned to form in its third quarter.

May 4, 2017

The Washington-based retailer reports net sales for the month reached $9.42 billion.

April 25, 2017

Payout of $7 per share will be made on May 26.

April 14, 2017

Costco Wholesale is extending its reach into the market for pharmacy and preventive health services, surging past the 500 mark in total pharmacies operating in the United States and expanding its menu of health screenings, immunizations and clinical-care offerings.

April 6, 2017

The company reported overall net sales of $11.64 billion during the month, an increase of 9% year over year.

March 21, 2017

Via a partnership with Shipt, customers in the Tampa, Fla., region were able to receive home delivery of Costco products.

March 6, 2017

Costco is returning a much-coveted own-brand golf ball, the Costco Kirland Signature Performance One, to the shelves following approval by the U.S. Golf Association as of March 1, according to a report published by MyGolfSpy. The new ball replaces a previous Kirkland Performance ball that absolutely shook up the golf  ball industry, Forbes reported Friday. Not only did those balls retail for just $15 per dozen, the balls performed well on the course, too. And when word got out to golf enthusiasts, Costco allegedly sold out. "With the excitement that this ball generated in its previous incarnation, it's almost a given that the demand will be similar when it does return," Forbes suggested. (Forbes)

 

March 2, 2017

Goldstar individual and business members will pay $60 per year, a $5 rise, while Executive members will pay $120 per year compared to $110, effective June 1.

February 2, 2017

U.S. comp-store sales enjoy 6% rise in four-week period ended Jan. 29.

January 5, 2017

Comparable-store sales also see a lift.

December 7, 2016

Net sales improved by 3 percent for the quarter ended Nov. 20.

December 2, 2016

Read highlights from the 18th DSN Industry Issues Summit, which saw record attendance with about 275 attendees, three panels and a keynote from Fox News’s Tucker Carlson. 

December 1, 2016

Costco reported a jump in comps of 1% and a boost in net sales of 3% to $9.68 billion for the month of November.

November 29, 2016

Topics for discussion at the Drug Store News Issue Summit include pharmacies’ role in the care of chronic condition patients, coordinating and connecting the touchpoints across the omni-channel platforms, how technology and consumerism will fuel personalized medicine and measuring and monitoring patient outcomes.

November 21, 2016

The proliferation of online grocery delivery is a sign of the “Sheep Effect,” according to a retail analyst interviewed on CBS’s Sunday Morning, which aired a segment on the evolution of omnichannel retail.

November 14, 2016

As Costco stays on a slow and steady course of growth, the warehouse club has managed to keep its sales moving in the right direction and keep its membership rolls growing.