Costco thrives during crises such as the ongoing Coronavirus scare. News reports show, frightened shoppers are picking Costco stores from coast to coast bare because of the Coronavirus.Read more
In fact, Costco claims to have 60 warehouses that exceeded $250 million in annual sales, Investopedia reports. Additionally, Costco claims to have two warehouses that generate annual sales of $400 million.Read more
Thus, Kraft Heinz faces the nightmare of a distribution system rigged against it. Moreover, a large percentage of shoppers grab the store brand (private label) because it is usually the cheapest and just as good as the national brand.Read more
Surprisingly, Costco is one of our fastest growing retailers with a revenue growth rate of 9.73% for 2018. In addition, Costco had a 7.28% revenue growth rate in 1st Quarter 2019.Read more
The Costco (COST) Money Machine is one of the simplest yet most brilliant retail strategies of all time. Essentially Costco Wholesale (NASDAQ: COST) obligates consumers to shop at its stores by charging a membership fee.Read more
The lack of a major hack of Apple Pay, Samsung Pay, or Google Wallet probably convinced Costco those solutions are secure.
Retailers are afraid of lawsuits from consumers who lost financial numbers to hackers. Target (NYSE: TGT) paid $39 million to settle such a suit in 2015.
Retailers like Costco might abandon NFC payment if crooks crack Apple Pay. Given the volume of Apple Pay transactions; over one billion in 2nd Quarter 2018 Tim Cook bragged, it is only a matter of time before some criminal genius cracks its encryption.Read more
Despite the success of Amazon, Costco Wholesale (NASDAQ: COST) is still one of the most followed retailers around. Costco canRead more
One obvious possibility here is that Kroger is planning to buy Instacart. Such an acquisition is not farfetched; Kroger just sold its convenience stores for $2.1 billion which could finance an Instacart purchase. Target (NYSE: TGT); one of Kroger’s biggest competitors, has bought the shopping service Shipt and Walmart (NYSE: WMT) has plans to offer grocery delivery in 100 cities by the end of 2018.Read more
It looks as if Costco is well-positioned to deal with the future and ward off the Amazon challenge. More importantly, Costco seems well positioned to survive and make money in America in which a large percentage of the population may no longer drive.
That’s good news for investors because Costco is a great income stock. Its investors enjoyed three 50¢ dividends, one 45¢ dividend and one $7 super dividend in 2017, NASDAQ reported. Costco shareholders took home $8.95 in dividend income in 2017.Read more
Even with a good holiday season, Dollar Tree may lack the resources to survive or even remain competitive. It reported revenues of just $21.52 billion in October 2017.Read more