Costco Acquires Innovel Solutions

Costco has completed the acquisition of Innovel Solutions, a leading provider of third-party end-to-end logistics solutions with nationwide capabilities.

Costco Sales Surge In Q2

Sales surged at Costco during the retailer’s second quarter and the month of February. The warehouse club operater pointed to consumer coronavirus concerns as part of the reason for the strong sales growth.

Executive Profile
Desirae Montgomery, Costco, Buyer, Cutlery

In her nearly ten years of working as a buyer in several categories, including cutlery for Costco, Desirae Montgomery has earned a reputation for being an accessible and easy to work with partner, vendors told HomeWorld Business. For this reason and others, she is one of this year’s Impact Merchants.

Costco Advances Through March

For the fiscal month of March, Costco reported a comparable sales gain of 5.9%, excluding the effects of fuel price and foreign exchange rate volatility as well as an accounting change.

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