News

Costco Agrees to Sell AT&T Wireless Plans, Handsets

BY CSA STAFF

San Antonio, Costco Wholesale Corp. and its retail wireless marketing partner Wireless Advocates have agreed to carry AT&T Inc.’s phones and service plans at nearly 370 warehouse stores nationwide, according to the San Antonio Business Journal.

This relationship between AT&T and Costco will expose AT&T products to more than 35 million Costco members. Costco customers will be able to buy AT&T handsets made by Samsung, Nokia and Motorola. They will be able to activate their service as well.

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BJ’s reports October comps increase

BY CSA STAFF

NATICK, Mass. BJ’s Wholesale Club today reported that sales for October increased by 9.2% to $663.8 million from $607.9 million in October 2006. Comparable-club sales increased by 4.8% for the month, compared with a comparable-club sales decrease for October of 0.7%, including a negative impact from sales of gasoline of 2.5%.

For the third quarter ended Nov. 3, total sales increased by 8.1% to $2.12 billion, and comparable-club sales increased by 3.4%. For the third quarter ended Oct. 28, 2006, comparable-club sales increased by 0.1%.

According to BJ’s, October sales increased in all major regions with the highest increase in Metro New York and the lowest increase in the Southeast. Food sales increased by approximately 5% for the month of October and 6% for the third quarter. General merchandise sales were approximately flat in October and increased by approximately 2% for the third quarter.

For the month of October, BJ’s reported that categories with strong comparable-club sales increases included coffee, dairy, frozen, juices, meat, milk, office supplies, produce, soda and water and televisions. Weaker categories versus last year included apparel, automotive and tools, cigarettes, prerecorded video, residential furniture and tires.

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Costco comps jump 9% in October

BY CSA STAFF

ISSAQUAH, Wash. Costco reported a big 9% jump in same-store sales in October.

 Leading the way was a 17% increase in sales at its international stores with U.S. sales jumping 7%. The increase beat the 5.7% average predicted by analysts for the month.

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