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Building on its recent out-performance, Costco delivered its highest-ever sales growth for the month of December.

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Costco delivered an outstanding first quarter with total sales up 16.7%. We look at what’s behind this performance and some of the challenges it’s experiencing. Costco Q1 key numbers Total revenue up 16.6% to $50.3 bn Net sales up 16.7% to $49.4 bn Comparable sales (ex-fuel and currency impacts) up 9.8% Comparable sales up 9.9% in the US, 8.3% in Canada and 10.9% in other intern...
Following the first store opening in Shanghai in 2019, the retailer has opened its second store in China this month. 70,000 pre-registered Costco members before the opening day The new store is in Suzhou, a city in Jiangsu province, about 100 km (62 miles) west of Shanghai. It is famous for its beautiful gardens and traditional architecture. Before the store opening on 7 December, the ...
Despite cycling strong performance in FY21, Metcash has reported half year results for FY22 with revenue up 1.5% to AU$8.2bn and EBIT up 13.9% to AU$231m. We pull out five key learnings and assess the outlook for H2: 1. Underlying food sales remain very healthy Food sales decline 4.9% to AU$4,561m. The decline in sales is mainly due to the cycling of the termination of its supply agreement ...

Presentations

17/01/2022
The five trends shaping food-to-go around the world this year with examples of the operators and retailers already leading the way.
17/12/2021
A guide to the retailer and its operations today. Updated quarterly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.
17/12/2021
A guide to the retailer and its operations today. Updated quarterly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.
13/12/2021
In-depth analysis of Morrisons current performance and future potential under its new private equity owners.
UK grocery & foodservice wholesaling 2021: sector performance & statistics for 2020 plus five-year forecasts

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Costco, Wembley, UK

Wembley is Costco's 28th, and latest UK, warehouse, offering an excellent showcase of how the wholesaler targets a mixed customer base with a focus on value and quality on bulk goods.