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Costco’s quarterly profit jumps by nearly half Posted: 27 May 2021 05:32 PM PDT Costco, the Issaquah-based discount warehouse giant, said its profit jumped 45.6% and its net sales 21.7% in the latest quarter; meanwhile, COVID-19-related costs, primarily for $2-an-hour premium pay, were $57 million.

Shoppers go back to stores, but retailers face challenges Posted: 27 May 2021 04:23 AM PDT The return to store shopping, highlighted in many retailers' earnings reports in recent days, offers relief in part because fewer shoppers ask for their money back after buying in a store. And store customers tend to do more impulse buying.

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