(Reuters) – As superstore pricing mysteries go, it’s not the equivalent of “The Da Vinci Code,” but there’s still something deliciously elusive about the so-called “Costco Code” that has set the tongues of shopping mavens wagging for the past several months. At least the plot line is direct enough: If you can interpret what the […]
Costco Selects Reply and hybris to Implement Its New International E-Commerce Site. CHICAGO, April 2, 2014 (GLOBE NEWSWIRE) — Reply [MTA, STAR: REY], a company specialising in the design and development of enterprise solutions based on new digital media, and hybris software, an SAP company and the world’s fastest-growing commerce platform provider, today announced that […]
Home Depot ( HD ) is one of the most fully mature companies on the market, which is to say, they have been around long enough that they have already expanded rapidly in the areas conducive to rapid expansion, fallen into slow growth in areas conducive to slow growth and failed entirely in areas conducive to failure. […]
The suburban, car-loving, McMansion-owning parents of millennials represent Costco’s (COST) core customer base. But what about millennials themselves? As far as retail success stories go, few can compete with Costco’s run in recent years. In surveys, customers routinely weigh in on how much they love the Costco shopping experience, and the company’s unique business model is celebrated […]
Often much less maligned than its retail warehouse counterparts, Costco has developed a sort of cult following among thrifty shoppers and supporters of workers’ rights alike. But if you’re one of these wholesale superfans, how much do you truly know about the company? You may have heard that the first Costco warehouse opened in Seattle and that their Kirkland […]
Sam’s Club and its two major competitors, Costco Wholesale Corp. and the privately held BJ’s Wholesale Club, are in a battle for customers. For many the choice comes down to cost. Price isn’t the only factor, but if one of the three were appreciably more expensive, customers would be scurrying for one of the others. Wholesale clubs don’t attract […]
With so many retailing giants such as J.C. Penney , Sears, and Best Buy falling by the wayside in what has aptly been named the “Big Box Apocalypse,” it’s very reassuring to see Costco , the leading warehouse retailer in the U.S., thriving in the midst of all the retail industry snafu. Costco is still posting healthy gains even as the once […]
Lowe’s continues to enter the tech world with a recent partnership with Porch.com, a four-month-old startup that aggregates data about home improvement projects all around the US. Porch.com will be in the hands of Lowe’s employees in 139 stores in the Seattle, North Carolina, and South Carolina area. Read article here
Google is acquiring connected device company Nest for $3.2 billion. Google sent out an email to employees noting the acquisition today and later issued a press release. In the release, Google noted that Nest has been offering its best-selling thermostat since 2011 and recently began offering the Protect smoke alarm, which networks with its other devices. […]
Lowe’s might not often be thought of as an innovative company. Most consumers see it as a place to go for home improvements, especially if a Lowe’s location is more convenient than a Home Depot location. Lowe’s and Home Depot might be competitors, but they’re both likely to be long-term winners, and they’re both more innovative than most […]