May 22, 2013
(Jutia Group,
4/15/13)
As the markets were hitting new highs last week, poker player and investor Amy Calistri was contemplating the odds and plotting her course of action.
Her main questions were: "What are the chances...(read more)
(Michael James on Money,
2/6/13)
For many years now I couldn’t see what benefit I was getting from Aeroplan miles. Every time I tried to use the miles to book a flight I wasn’t offered any decent connections, and I...(read more)
(Investment U,
2/20/13)
This weekend, my son and I took a trip to Costco (Nasdaq: COST). We needed a six-year supply of paper towels and a carton of blueberries the size of a Buick. I'm kidding –...(read more)
Costco Wholesale (COST) Company Overview
Costco (NASDAQ: COST) is the largest warehouse club retailer and the second largest general retailer in the United States. Costco sells food and general merchandise, including appliances and other household goods, in bulk and at heavily discounted prices. Costco's two main competitors are Sam's Club and BJ's Wholesale Club (BJ), both of which have similar business strategies to Costco. Costco's business strategy providing items in bulk and at low prices help the retailer maintain positive growth during slow economic times. Price conscious consumers gravitate toward discount retailers like Costco, hoping to get the most out of their money. As a result, Costco's bottom line has fared well since the economic slowdown. Costco's biggest concern is over expansion and cannibalization of existing store locations. As a result, the company has announced it will slow its domestic expansion plans. Costco will instead look to international markets for future growth. (Read more at Wikinvest ) |
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May 22, 2013