July 30, 2010

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Costco Entering Holiday Shopping Season in Strong Position

Thu Oct 08 09:05:00 -0400 2009

The Seattle Times (Washington)

- Costco Wholesale is heading into the holidays armed with better sales figures than it has seen all year and shelves stocked early with seasonal items.

An uptick in the economy will not hurt value-oriented retailers like Costco, said Joseph Feldman, a retail analyst at Telsey Advisory Group in New York. Family Dollar posted strong same-store sales for September on Wednesday and “there are expectations that Old Navy is doing better, and Kohl’s is doing better,” he said.

To view the full article, download the PDF here: The Seattle Times, October 8, 2009