Among retailers selling food, according to data analytics and promotions firm Inmar, non-traditional operators are making steady inroads versus traditional operators, including supermarkets, boosting market share to 40% from 39% in 2012 and 34% in 2006.
Ascential expects convenience stores, food discount stores such as Aldi, discount stores, a term it uses to designate dollar and related general merchandise stores, and membership club stores, to lead retail growth among traditonal operators in the U.S. over the next five years.
Fourth quarter net revenue at Costco was up 7% as the warehouse club continued to see sales gains in stores and online.
BJ’s Wholesale Club has updated its mobile app including several new features, improved usability and an updated design.
BJ’s Wholesale Club is launching a new cross-channel marketing campaign that highlights the company’s approach to the wholesale club experience as it enters eastern Michigan and Metro Detroit.
Third quarter net sales at Costco were up 7.4% as the warehouse club chain also reported solid gains in comparable stores for the three month period ended May 12.
BJ’s Wholesale Club, now a public company, beat analyst estimates in the third quarter, delivering net sales and income growth.
August was a busy month at Costco as the nation’s largest warehouse club reported a sales increase of 12.2% over August of 2017.
BJ’s Wholesale Club has set its initial public offering of $17 per share as the wholesale club will offer 37.5 million shares.
For May, Costco posted net sales of $11.02 billion, up 14.1% from the month last year.
PriceSmart, a warehouse club retailer that operates stores in Central America, the Caribbean and Colombia, has acquired Aeropost, an end-to-end cross-border package delivery service and online retailer.
Sam’s Club has announced that it is “simplifying” its membership structure by reducing the number of types to two: Club for $45 a year, a membership level formerly known as Sam’s Savings, and Plus for $100.
BJ’s Wholesale Club has added Naveen Seshadri to its omnichannel team in the newly created position of vp/digital commerce and experience.
December sales at Costco increased more than 14% as comparable store sales for the five-week period ended December 31 were also up more than 11%.
Costco cruised through its first quarter, with the early holiday sales season giving the warehouse club a jump in net sales, comps and net income.
As the holidays approach, BJ’s Wholesale Club said it would close for Thanksgiving Day and open at 7 a.m. on Black Friday.
Costco posted strong comp sales in August, both in the U.S. and international markets, and its e-commerce operation also continued to grow.
Jeff Brotman, 75, co-founder and chairman of the board for Costco Wholesale Corporation, died on Tuesday, August 1.
Strong U.S. comparable store sales coupled with higher membership fees were key factors in driving revenue in Costco’s fiscal year third quarter.
BJ’s Wholesale Club has named Lee Delaney evp/chief growth officer, effective May 9. He will be responsible for the company’s merchandising…