Costco, the US retail giant, has opened its first stores Sydney and Canberra. The openings herald a major shift in the Australian market, intensifying competition in an already challenging retail environment. Costco...

US club store operator Costco has booked a jump in earnings for the first nine months of the year as strong sales gains boosted the group’s result. Net sales for the nine months to 8 May rose 13%...

Costco recorded a rise in second-quarter net income as the US warehouse club’s results were boosted by strong sales and higher gas prices. The chain said yesterday that net income rose 16% to reach...

As Woolworth’s foray into the hardware sector draws nearer, and US giant Costco’s second Australian store approaches, new battle lines are being drawn across the big box retailing sector, with...

As Costco prepares to open its Sydney store in 2011, the retailer, famous for its bulk products, has reported some initial success with its first Australian warehouse in Melbourne, opened in August 2009. The...

US wholesaler Costco has booked an increase in profits, boosted by the reversal of a pre-tax charge implemented last year. For the first thirty-six weeks of fiscal 2010, net income increased to US$871m...

Club store operator Costco has unveiled plans to increase the pace of its store openings in the Australian market over the next three years. The company, which opened its first Australian store in Melbourne...

The opening of Costco, in Australia in August last year has contributed to the world’s ninth largest retailer 25% jump in quarterly profits, with sales gains driven by international expansion. The...

Australia’s two largest supermarket operators, Woolworths and Wesfarmers, have been listed in the world’s top 30 retail companies, according to the Deloitte Global Powers of Retailing 2010...

American-based retailer Costco has poured another $25 million into their Australian operations to go with over $80 million spent last year, according to accounts obtained by The Age. The company opened...