Costco Posts 5.6% September Comp Increase

For the five weeks ended October 6, Costco posted a comparable sales gain of 5.6% from the period a year earlier with the effects of changes in fuel and foreign exchange prices excluded.

Bed Bath & Beyond To Close 60 Stores As Q2 Sales Decline

Bed Bath & Beyond has reported mixed second quarter results, including the closure of 60 stores, asserting that its turnaround initiatives have improved its financial condition. However, questions remain over when the retailer will select its new CEO and if any significant assets will be divested.

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