MARTINEZ, Calif. - Contra Costa County in California is considering a ban on super-sized retailers such as Wal-Mart that sell major nonfood items alongside grocery items, reports the Contra Costa Times.
NATICK, Mass. - The website Daily Deal reported on Thursday that Wal-Mart Stores Inc. is considering a bid to buy BJ's Wholesale Club Inc., the Natick, Mass.-based chain that operates about 140 club stores.
NEW YORK - With 2002 revenues of nearly $250 billion, Wal-Mart Stores Inc. topped the Fortune 500 ranking of the nation's largest companies for the second consecutive year
ISSAQUAH, Wash. - Costco Wholesale Corp. on Wednesday reported that its profit dropped 5.4 percent in the second quarter, even though revenue jumped 7.8 percent.
MILWAUKEE - Although customer satisfaction dropped slightly in the last quarter and has been flat in the past year, household spending should rebound somewhat, according to the American Customer Satisfaction Index (ACSI), a leading indicator of consumer spending.
CHICAGO - Wal-Mart Stores Inc. on Tuesday posted a better-than-expected 15.5 percent jump in quarterly profit due largely to higher sales abroad. The increase helped offset sluggish sales at its U.S. Sam's Club warehouse stores.
After the initial rush to get into the gasoline business, supermarkets and other high-volume operators have entered a more mature stage of market development.
SEATTLE - Costco Wholesale has dropped plans to build a gourmet grocery store in Bellevue, Wash., as the company deals with rising expenses, the Seattle Times reports.
