Sales – Stan Tashman & Associates, Inc.

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Costco Wholesale August Comps, Sales Decline

September 8, 2015/in Costco Wholesale, Retail /by tashman

costco Source: RTT News

Membership warehouses operator Costco Wholesale Corp. (COST) on Wednesday reported a 1 percent decline in net sales for the month of August from the same period last year.

Comparable sales for the month decreased 2 percent, while it grew 5 percent after excluding the negative impacts from gasoline price deflation and foreign exchange.

The Issaquah, Washington-based company reported net sales of $8.7 billion for the four weeks ended August 30 2015, down 1 percent from $8.8 billion in the same month last year.

Amazon Dreams Up a Sale in a Calendar Bursting With Them

July 16, 2015/in Amazon.com /by tashman

As seen in the New York Times:

Rollback. Doorbuster. Blowout prices. Do those words mean anything anymore?

Even Black Friday is fast getting lost in the blur of perpetual discounts as some of the nation’s biggest retailers go head-to-head Wednesday in a new midsummer event — yet another addition to an annual sales calendar packed with sales, sales and more sales.

Amazon, the online juggernaut that has been upending brick-and-mortar retailing for years, set off the latest sales frenzy by announcing a sale for the site’s 20th anniversary on Wednesday. Its AmazonPrime Day, meant to attract more shoppers to its $99 free-shipping membership plan, promises “more deals than Black Friday.”