The nation’s leading warehouse club operator maintained its momentum in November by posting a 6% increase in same-store sales at U.S. clubs, excluding the beneficial effect of higher year-over-year gas prices.
Costco membership seems to defy current consumer trends as the warehouse club announced Wednesday that it would raise its annual membership fees as it reported increases in fourth-quarter sales and earnings.
With an eye toward achieving better alignment between their companies and the nation’s leading retailers, executives from more than 20 noncompeting vendor companies gathered in June in Boston — after several days of selling at NACDS Marketplace — for the most recent meeting of the Mack Elevation Forum.
After providing its products to Rite Aid customers through a co-branded store format for more than a decade, GNC is making its foray into the warehouse club for the first time by offering select private-label products at Sam's Club locations.
After months of speculation, BJ's Wholesale Club early Thursday morning confirmed the company has decided to explore and evaluate strategic alternatives. Coupled with that announcement was a positive sales story for the year.