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Tag: Costco


Industries, Retail & Wholesale

Amazon’s Whole Foods price cuts aim to build a ‘Costco-like’ relationship with Prime members

April 5, 2019

Via: Market Watch

New lower prices at Whole Foods Market may not dispel the natural grocery chain’s “whole paycheck” reputation, but it could build stronger relationships with owner Amazon.com Inc.’s Prime members, much like Costco Wholesale Corp. has with its loyal repeat customers. […]


Industries, Retail & Wholesale

The 3 best retail stocks of 2017

December 29, 2017

Via: USA TODAY

The so-called retail apocalypse has caused all sort of havoc in 2017. Malls are struggling, stores are closing, and bankruptcies have been prevalent. But just because the climate has been bad for some retailers, does not mean that every player […]


Finance Tech, Industries, Retail & Wholesale, Trading

Buy Costco shares because it’s in the ‘early stages’ of an online sales surge, BMO says

December 18, 2017

Via: CNBC

Costco shares tumbled over the summer on worries the Amazon and Whole Foods Market merger will hurt the retailer’s business. But one Wall Street firm says the retailer’s e-commerce growth will be a catalyst to lift the stock to new […]


Industries, Retail & Wholesale

Costco has two new weapons in its battle against Amazon (COST)

October 6, 2017

Via: Business Insider

Costco is rolling out new delivery options in an effort to take on Amazon. On Thursday, the retailer announced that Costco Grocery will offer two-day delivery on nonperishable items, like cookies, cereal, and canned foods, starting this week. Delivery will […]


Industries, Retail & Wholesale

These Are America’s Favorite Retailers

March 1, 2017

Via: Time

Amazon and Trader Joe’s are America’s favorite retailers, according to a new survey. The e-commerce company and grocery chain each received a a score of 86 out of 100 in the latest American Customer Satisfaction Index, which was released on […]


News

Costco has become a major driver of Citi’s business (C, COST)

January 20, 2017

Via: Business Insider

Citigroup’s acquisition of Costco’s co-branded credit card portfolio from Amex in June 2016 continues to pay off. In its Q4 2016 earnings release, Citi posted 8% overall revenue growth on a constant-currency basis. The Costco portfolio appears to be a […]


Industries, Retail & Wholesale

Costco Will Save Millions With Visa Card Switch, Analysts Say

June 17, 2016

Via: TheStreet

Costco Wholesale (COST) will switch to Visa (V) credit cards in four days, marking the end of its 17-year alliance with American Express (AXP) . This means American Express cards will no longer be accepted at Costco as of Monday. […]


Industries, Retail & Wholesale

Does a Credit Card Upgrade Create a New Account?

January 22, 2016

Via: The Huffington Post

When Costco announced in 2015 that it would switch its co-branded credit card from American Express to Visa, some cardholders got nervous. Even though they’d be able to keep earning special credit card rewards as Costco members, they worried that […]