Maybe.
Maybe Costco has some lessons to teach us.
Here is a snippet from the piece:
Costco's June comps show that the retailer is continuing to successfully deflect e-commerce pressure and ride strong momentum as food deflation abates.
For the forty-four weeks ended July 2, the company reported net sales of $104.28 billion, an increase of 6 percent from $98.51 billion during the similar period last year.
U.S. comparable sales in June rose 6.3%. Total worldwide comps were 6.5%.
Costco has been steadily adding locations, growing its membership base (despite fee hikes), and increasing its sales.
Here is the full story:
https://retailleader.com/costco-knows-how-be-amazon-proof
Happy Reading,
J.W. Gant
For the forty-four weeks ended July 2, the company reported net sales of $104.28 billion, an increase of 6 percent from $98.51 billion during the similar period last year.
U.S. comparable sales in June rose 6.3%. Total worldwide comps were 6.5%.
Costco has been steadily adding locations, growing its membership base (despite fee hikes), and increasing its sales.
Here is the full story:
https://retailleader.com/costco-knows-how-be-amazon-proof
Happy Reading,
J.W. Gant
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