And the company shows no signs of slowing down. In addition to entering two new states this year-Louisiana and South Dakota-Costco also made its debut in North Dakota and Washington, D.C., last year. The company was operating 655 warehouses worldwide at the end of its third quarter, including 464 in the United States and Puerto Rico, and it planned to open eight additional units by the end of August. At the close of its third quarter for fiscal 2014 in May, Costco’s net sales for the first 36 weeks of the year were up 6 percent over the same period last year. Beverage alcohol revenues totaled $3.1 billion in fiscal 2013 and company executives say they’re beating sales projections for this year too. ![]() Along with boasting its highest-ever overall sales last year, the mega-retailer is also seeing great returns in its drinks department. While Costco prides itself on selling everything from televisions to toilet paper to top-tier wines and spirits, the warehouse club has become a destination for discerning consumers who value price and enjoy the thrill of the hunt.Ĭostco is no stranger to breaking records. The Issaquah, Washington-based membership club saw sales increase 6 percent in its 2013 fiscal year and company executives expect similar gains in fiscal 2014. celebrated its 30 th birthday last year by topping $100 billion in total sales for the first time in its impressive history. ![]() The largest wine retailer in the country, Costco Wholesale Corp. ![]() Costco continues to dominate large-scale drinks sales with its commitment to quality products and competitive prices.Ĭostco's beverage alcohol merchandising, overseen by Annette Alvarez-Peters (seated front right with her team of buyers), uses a "treasure hunt" strategy for its selection.
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