CEO James Sinegal

CEO James Sinegal

CEO James Sinegal has been the chief executive officer of Costco Wholesale Corp since 1993. He is 70 years old. Follow Mr. Sinegal and Costco Wholesale Corp in the news and blogs or share your own opinion about the company and its... [more]

CEO James Sinegal has been the chief executive officer of Costco Wholesale Corp since 1993. He is 70 years old. Follow Mr. Sinegal and Costco Wholesale Corp in the news and blogs or share your own opinion about the company and its leadership.

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From:   www.ap.org
Costco is no longer carrying Coca-Cola products in its stores nationwide because of a pricing dispute with the beverage maker. A Costco executive confirmed the move Monday. The Issaquah, Wash.-based wholesale club operator would not discuss the matter further. Atlanta-based Coca-Cola Co. said it won't comment on ongoing negotiations but said Costco is an important customer that it is committed to working with "in a spirit of fairness." Coca-Cola products include its namesake soft drinks as well as Sprite, Squirt, Dasani water and Full Throttle energy drinks, among others. Costco Wholesale Corp. operates about 560 warehouses in the U.S. and abroad. Coca-Cola shares rose ... Read Full Story
NEW YORK (Reuters) - Costco Wholesale Corp <COST.O> is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season. "We still are cautious but are keeping our fingers crossed that people are buying a little bit," said Chief Financial Officer Richard Galanti on Wednesday. He made the comments at the retailer's investor day, which was being held in its new store in Manhattan. Costco's monthly same-store sales fell through much of this year as shoppers shunned purchases of its discretionary merchandise, like jewelry and clothes. Unlike a year ago, when ... Read Full Story
PORTLAND, Oregon (Reuters) - Costco Wholesale Corp, the No. 1 U.S. warehouse club, plans to take advantage of the distressed real estate market to open stores this year, even as sales decline because of the recession, its chief executive said Thursday. "We're getting better deals on real estate," said Costco's CEO Jim Sinegal at a media event in Portland, Oregon. "People who didn't want to talk with us about shopping center sites now want to talk with us." Costco, based in Issaquah, Washington, will open stores at its normal rate of 25 to 30 per year "depending on real estate," Sinegal said. The company's ... Read Full Story
Written by darrellcouch on
From:   badpaper.org
(Reuters) – Costco Wholesale Corp reported a 5 percent increase in October same-store sales, helped by a weak U.S. dollar that helped push up international sales. Read Full Story
Written by keyfunds on
Boston Globe Costco 4Q profit falls 6 percent but beats views The Associated Press PORTLAND, Ore. — Costco Wholesale Corp. said Wednesday that a stronger dollar and higher employee health care costs helped drive its fiscal fourth-quarter profit down 6 percent, but the results beat analysts' expectations. The members-only warehouse ... Costco Wholesale surges after topping 4Q expectations BloggingStocks (blog) Costco Profit Tops Analysts' Estimates; Shares Gain Bloomberg Costco's 4Q Profit Falls, But Recent Sales Improve Wall Street Journal Bizjournals.com  - Reuters  - USA Today all 295 news articles » Read more: http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.google.com%2Fhostednews%2Fap%2Farticle%2FALeqM5iNdeKrkOp3mJj7IzuWnRNFbiABBgD9B6E0IO0&usg=AFQjCNGoFLCOyvnOW9mzKPNzip0Av_S7vg Read Full Story
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Filed under: Earnings reports, Wal-Mart (WMT), Costco Wholesale (COST)BJ's Wholesale Club (BJ), whose competitive colleagues include Costco Wholesale Corporation (COST) and Wal-Mart Stores, Inc. (WMT), issued Q3 results earlier today. According to TheStreet.com, adjusted earnings of 45 cents per share met expectations. And apparently that wasn't good enough for the traders. As of this writing, shares of BJ's were trading down 3% on above...  
From bloggingstocks.com ()
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Filed under: Consumer experience, Competitive strategy, Costco Wholesale (COST)Costco Wholesale Corp. (NASDAQ: COST) is realizing that many of its customers are still living on hard times these days, even the news that the economy is rebounding. That doesn't mean lost jobs will pop back any time soon, and as such, the wholesale retailer will be accepting food stamps at all of its U.S. locations.Continue reading Costco to start accepting food...  
From bloggingstocks.com ()
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Filed under: Earnings reports, Wal-Mart (WMT), Target Corp. (TGT), Sears Holdings (SHLD), Costco Wholesale (COST)Wal-Mart (WMT), which competes with chains such as Sears Holdings(SHLD), Costco (COST), and Target (TGT), reported results for the third quarter this morning. According to our Before the Bell piece, the famous -- and oftentimes controversial -- retailer beat expectations by a few pennies, earnings 84 cents per share from continuing...  
From bloggingstocks.com ()
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NEW YORK/SAN FRANCISCO (Reuters) - Costco Wholesale Corp is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season.  
From reuters.com ()
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PORTLAND, Ore. | With many families suddenly struggling to feed themselves, the big warehouse clubs known for king-size packages of steak and jumbo boxes of Cheerios are increasingly competing with grocery stores for the 36 million Americans now on food stamps. Costco Wholesale Corp. said Wednesday that it would start accepting food stamps at its warehouse clubs nationwide after testing them at stores in New York. That is a big about-face for...  
From washingtontimes.com ()
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