Costco’s Sales Get Another Boost From Pandemic Buying - News Summed Up

Costco’s Sales Get Another Boost From Pandemic Buying


After stockpiling early in the coronavirus pandemic, Americans continue to turn to Costco Wholesale Corp. to buy bulk quantities of groceries and cleaning supplies. They have also been loading carts with home furnishing. “As people are spending less on travel and dining out they seem to have redirected some of that spending,” said Costco financial chief Richard Galanti on a conference call Thursday.


Source: Wall Street Journal September 24, 2020 21:25 UTC



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