Costco Wholesale Corp.’s revenue from established stores rose 4 percent last month, a performance that fell short of Wall Street estimates.
Seattle-based Nordstrom and Issaquah-based Costco expect their November sales to suffer as a result of Superstorm Sandy, one of the most expensive storms in U.S. history.
Issaquah based Costco’s revenue at stores open at least a year rose 7 percent in October. Costco Wholesale Corp. said Thursday that the metric climbed 7 percent in the U.S. and 9 percent abroad.
Target is joining more than 30 food companies that have agreed to eliminate the cages, including retailers like Kirkland, WA based Costco and Kroger and producers including Smithfield, Hormel and Cargill.
Shoppers continue to head to Costco in search of deals, helping the wholesale club operator’s fiscal fourth-quarter net income and revenue climb. Its performance beat Wall Street’s expectations, and its shares rose 4 percent in morning trading.
Smoked salmon tainted with salmonella has sickened hundreds of people in the Netherlands, authorities said, sparking major recalls there and in the U.S.
A Facebook page that asks the Costco in Bellingham, WA to create a ‘special time just for Americans’ has created a stir in the Canadian and US media.
Costco customers in the town of Bellingham, north of Seattle, are engaged in a border war with their Canadian neighbors. The residents say they are tired of sharing the store and want to establish American-only shopping hours at their store.
President Obama plans to spend the night at the Hilton Bellevue hotel after attending two fundraising events at the home of Costco co-founder Jim Sinegal on the east side of Lake Washington on Tuesday.
President Barack Obama is outlining new steps to boost U.S. exports during a visit to a Boeing assembly plant in Washington state, calling on Congress to continue financing a national export credit agency crucial to a goal of doubling exports by 2014.