CEO James Sinegal

TEL AVIV (MarketWatch) — Costco Wholesale Corp., the Issaquah, Wash., warehouse retailer, reported that fiscal-third-quarter earnings rose 19% on 8.2% higher sales and 5% higher same-store sales. For the quarter ended May 6, Costco earned 6 million, or 88 cents a share, compared with 4 million, or 73 cents, in the year-earlier quarter. Sales reached .85 billion from .19 billion. Revenue, which reflects membership fees, also advanced 8.2%, to .32 billion. A survey of analysts by FactSet...Read Full Story

CHRIS GRYGIEL Associated Press SEATTLE As the effects of the Great Recession continue to be felt across Washington, it's not surprising that several of the top 10 state news stories of 2011 can be traced to the worst economic downturn in 80 years. From billion-dollar deficits to soaring tuition costs to angry street protests, the financial crisis played out on front pages in many different ways. The resolution of high-profile court cases that captured the world's...Read Full Story

A 74-year-old woman who said she was injured after falling in a Costco store in Florida beat back the retailer’s effort to move the case to that state because it was too much trouble to defend itself in New York. Theresa Danza sued Costco in her hometown of Brooklyn, New York, claiming she was hospitalized for spinal and shoulder trauma and needed months of treatment by a chiropractor after a tumble in a Costco in North Miami, Florida, on Jan. 24, 2009. A word from our sponsor: • Forensic...Read Full Story

Swan Lake, MS 11/29/2011 (StreetBeat) – PNI Digital Media (OTC:PNDMF), an innovator in online and in-store digital media solutions for retailers, announced yesterday, in a press release, that it has signed a multi-year agreement with Costco Wholesale Canada Ltd. to provide and operate the Costco Canada Business Printing service which is connected to 81 Costco warehouse locations across Canada.The Costco Business Printing service enables Costco Members to easily upload and place orders for...Read Full Story

Costco Wholesale Corp. has announced plans to build a store in Cedar Park at Town Center. The warehouse membership club chain plans to hire between 300 and 400 full- and part-time workers for the new 150,000-square-foot store located at the northwest corner of RM 1431 and U.S. Highway 183A. Costco (Nasdaq: COST) currently has two locations in the Austin area — at in the Arboretum area and in Southwest Austin in the Shops at Arbor Trails. Officials expect construction to begin next summer...Read Full Story

(Reuters) - Costco Wholesale Corp won a federal appeals court decision that blocks women who accused the company of gender bias from suing as a group, but the court left open the possibility that the case could again be brought as a class action.Citing a recent U.S. Supreme Court ruling involving Wal-Mart Stores Inc, the 9th U.S. Circuit Court of Appeals in San Francisco said a lower court judge failed to properly decide whether there was enough "commonality" among the female Costco...Read Full Story

CHICAGO (Reuters) - Jim Sinegal built a retail empire with a simple credo: don't overcharge for anything, not even hot dogs.Over 28 years, Sinegal turned Costco Wholesale Corp <COST.O> from one warehouse into a $78 billion global chain, selling everything from gasoline to diapers and big-screen TVs.He's now handing the CEO reins to another company veteran, Craig Jelinek, who would do well to heed Sinegal's philosophy.Costco keeps expenses low, everywhere from its Issaquah, Washington headquarters to...Read Full Story

TEL AVIV (MarketWatch) — Costco Wholesale Corp., the Issaquah, Wash., warehouse retailer, reported that for April, comparable-store sales rose 4% while total sales moved up 7% to .25 billion from .8 billion. The comparable-store sales reflected increases of 4% in the U.S. and 3% internationally, Costco said in a Thursday statement. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news...Read Full Story

NEW YORK (Reuters) - A 74-year-old woman who said she was injured after falling in a Costco store in Florida beat back the retailer's effort to move the case to that state because it was too much trouble to defend itself in New York.Theresa Danza sued Costco in her hometown of Brooklyn, New York, claiming she was hospitalized for spinal and shoulder trauma and needed months of treatment by a chiropractor after a tumble in a Costco in North Miami, Florida, on January 24, 2009."I didn't know...Read Full Story

NEW YORK (Reuters) - A 74-year-old woman who said she was injured after falling in a Costco store in Florida beat back the retailer's effort to move the case to that state because it was too much trouble to defend itself in New York.Theresa Danza sued Costco in her hometown of Brooklyn, New York, claiming she was hospitalized for spinal and shoulder trauma and needed months of treatment by a chiropractor after a tumble in a Costco in North Miami, Florida, on January 24, 2009."I didn't know...Read Full Story