Costco posts same-store sales gain as customers stocked up in March

April 9, 2020

Same-store sales at Costco increased 10.7 percent for the five weeks ending April 5. The warehouse club also saw its e-commerce business jump 48.3 percent during the same period. The retailer was forced to place quantity limits on some products, such as bottled water and bleach, after members began hoarding the items over fears related to the novel coronavirus pandemic.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.