ISSAQUAH, Wash. — Costco Wholesale yesterday posted negative comparable-store sales for October — the first time the retailer has ever done so, according to some observers — as retailers overall had their worst single month in decades. Costco attributed the 1% decline in part to the stronger dollar, which drive international comps down 10%, and to lower prices for fuel at its own gas pumps. It noted that food sales remained strong in the month, however — up 12% — as sales of general ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.