CEO James Sinegal

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

(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

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