I’m a big admirer of the sleek point-of-sale system that allows Apple Store employees to run credit card transactions on iPhones or iPod Touch devices. Now, Apple is going to offer its POS system to other retailers, a move that…
Costco Wholesale Corp. (COST) said sales at stores open at least one year rose 9% in the four weeks ending Nov. 28, compared with the same period a year ago.
Comparable sales in the U.S. rose 7%, while comparable sales at international stores gained 13%, the company said in a statement.
For the 13-week period ending Nov. 28, comparable sales rose 7%.
The company reported net sales…
Continue reading Costco Reports 9% Increase in Nov. Comparable Sales
Costco Reports 9% Increase in Nov. Comparable Sales originally appeared on DailyFinance on Thu, 02 Dec 2010 07:22:00.
Filed Under: Company News, Costco, Retail
PepsiCo (PEP) will buy a 66% stake in Russian food and beverage company Wimm-Bill-Dann Foods for $3.8 billion.
The deal will make Pepsi the largest food and beverage company in Russia, the company said in a statement. It will also boost annual global…
Walmart hopes to make headway into the rural and poorer sections of China with small stores that are easy and cheap to build. The model is based to some extent on facilities the world’s largest retailer operates in Mexico.
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Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to “at least” 1,500 by 2015. The world’s largest coffee chain also is planning to add stores in Brazil, Russia and…