Costco Wholesale News

Costco Wholesale Corp reported a better-than-expected 8 percent increase in January same-store sales, helped by a weak dollar and higher gasoline prices.

The Board of Directors of Costco Wholesale Corp. has appointed Craig Jelinek as president and chief operating officer, effective immediately.

Getting new tires for your car can cost you as much as $500 to $600 dollars. There is an alternative that promises to save you money in the long run.

NEW YORK a ' Americans bought a sweater or two, ate out a little more, purchased some gadgets and turned to the Internet in search of bargains in January.

Seven Summits Research issues PriceWatch Alerts for ORCL, MON, COST, DO, and IR.

New York City TJX Cos. and Costco beat the Street estimates for January same-store sales, while Target came in below analystsa expectations but in line with its own estimates.

Busts follow booms and the business cycle rolls on, but 2010 is shaping up to be the year it turns up for big-screen TV manufacturers and their suppliers.

What a difference a year makes. A year or so ago, the U.S. auto industry was being left for dead -- General Motors and Chrysler were scrambling for government bailouts and heading for bankruptcy, and while Ford 's leadership serenely announced they could weather the storm without aid, very few actually believed them .

January sales at top U.S. retail chains moved into positive territory from last year's decline as many avoided drastic clearance sales and shoppers redeemed holiday gift cards.

Many retailers reported modest sales gains for January, as limited racks of holiday clearance items failed to entice shoppers to spend more freely.

ISSAQUAH,A Wash. Following the promotion of its EVP merchandising to the roles of president and COO, rumors are circulating that wholesaler Costco may be making a succession plan fpr its CEO position.

Issaquah, Wash. Costco Wholesale Corp. announced the appointment of Craig Jelinek as president and COO, effective immediately.

Retail stocks were up slightly Tuesday as women's clothing retailer Ann Taylor Stores Corp.

Mr. Jelinek previously was Executive Vice President in charge of merchandising, a position he has held since 2004.

After opening a store in late November with promises of jobs and economic revival for the community of East Harlem, warehouse club Costco Wholesale Corp.

U.K. retail sales rose 3.6 percent in December as consumers celebrated the end of a tough year of recession by splurging on food and drink, official data showed Friday.

Costco CEO Jim Sinegal laughs during a video at the company's annual meeting Thursday at Meydenbauer Center in Bellevue.

Stocks of retail discounters have seemed like good defensive investments in troubled economic times.

Wal-Mart Stores Inc. on Sunday said it is cutting more than 10,000 jobs at Sam's Club, including outsourcing its product-sampling department.

Organic and specialty food distributor United Natural Foods opened the first quarter of its fiscal year with respectable sales and profit results.