Costco Wholesale Corp. ecommerce sales grew at nearly twice the rate of net sales in Q3, which also marked the sixth consecutive quarter of double-digit year-over-year online growth.
Costco ecommerce sales grow more than 10% again in Q3
Related Posts
REI Co-op is putting a new distribution center that will operate as a zero-waste facility. The specialty outdoor retailer is building a 400,000-sq.-ft. distribution center in Lebanon, Tenn., to support its continued growth on the East Coast and in the Midwest and South. Expected to open in fall 2023, the building and its operations will proactively address the employee experience, community engagement and environmental impact, according to REI. Al. Neyer is the retailer’s architect and general contractor partner. Situated on 41 acres in Wilson County, the facility will be one mile from I-40 and three miles from downtown Lebanon. The location will considerably reduce shipping times to fulfill customers' online purchases and be able to support more than 70 REI stores. Nearly 5.6 million REI members live in the service area of the new distribution center.
FY23 third quarter service performance scores covering April 1 through June 23, included: *First-Class Mail: 92.4% of First-Class Mail delivered on time against the USPS service standard, an increase of 1.4 percentage points from the fiscal second quarter. *Marketing Mail: 95.8% of Marketing Mail delivered on time against the USPS service standard, an increase of 1.3 percentage points from the fiscal second quarter. *Periodicals: 88.8% of Periodicals delivered on time against the USPS service standard, an increase of 2.3 percentage points from the fiscal second quarter.
Combined sales of comics periodicals and graphic novels in North America continued to climb in 2020, reaching approximately $1.28 billion, according to a joint estimate by pop culture trade news sites ICv2 and Comichron. The new estimate represents a 6% increase over 2019 combined sales. ICv2 CEO Milton Griepp said that in the face of a global pandemic, lockdowns, and widespread economic dislocation, consumer demand for comics and graphic novels continued to grow. “The challenges of retailing in the pandemic had profound impacts on the market, including the acceleration of trends that have been in place for years,” he reported.