article thumbnail

Why international stores are key to Costco’s future growth

Inside Retail

The 2023 result looks even more modest given that it came after net sales growth of 16 per cent and comparable store-sales growth of 14 per cent in fiscal 2022. Sales growth in 2023 was driven primarily by food and fresh food, which accounted for 54 per cent of sales. Sales of non-food items decreased 0.4

Wholesale 244
article thumbnail

November sales dip vs. October, up from last year

Mass Relators

November accounts for the first half of the holiday season, which NRF defines as November 1 through December 31, and the results are on track with NRF’s forecast that 2022 holiday sales will grow between 6% and 8% over 2021. Sporting goods stores were down 0.6% General merchandise stores were down 0.1%

article thumbnail

NRF: Retail sales rebounded in March

Mass Relators

WASHINGTON – Retail sales rebounded with huge gains in March as government checks fattened consumers’ bank accounts and more vaccination against COVID-19 made it easier for shoppers to get out of the house and lead the acceleration of the U.S. Specifics from key retail sectors include: Clothing and clothing accessory stores were up 18.3%