Content about Issaquah

April 11, 2013
Costco reports 7% sales increase for March

Club retailer Costco Wholesale announced sales grew by 7% in March compared with March 2012, the company said.

ISSAQUAH, Wash. — Club retailer Costco Wholesale announced Thursday sales grew by 7% in March compared with March 2012, the company said.

Costco reported net sales for the month of $9.67 billion, compared with $9.07 billion during the same period last year.

For the 31-week period that ended on Sunday, sales were $61.02 billion, an 8% increase over the same period last year, when sales were $56.34 billion.

The Issaquah, Wash.-based chain currently operates 626 stores, including 449 in the United States.

 

March 15, 2013
Reports: Costco to expand headquarters

Costco Wholesale will expand its Issaquah, Wash., headquarters, according to published reports.

NEW YORK — Costco Wholesale Corp. will expand its Issaquah, Wash., headquarters, according to published reports.

The Seattle Daily Journal of Commerce reported Friday that Issaquah's director of economic development, Keith Niven, said the club retailer would expand the headquarters to take up as much as 1.5 million square feet.

The Tacoma, Wash., News Tribune reported that the company currently takes up three buildings that are full.

March 6, 2013
Costco backs minimum wage increase

Costco Wholesale is throwing its support behind a bill introduced in Congress to raise the federal minimum wage.

WASHINGTON — Club retailer Costco Wholesale is throwing its support behind a bill introduced in Congress Tuesday to raise the federal minimum wage.

February 15, 2013
Costco sued over diamond engagement rings

Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

NEW YORK — Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

News media reported that Tiffany filed suit against Issaquah, Wash.-based Costco in the Federal District Court in Manhattan.

October 9, 2012
Reports: Costco brings 'Made in America' to Mexican middle class

"MIA" usually stands for "missing in action," but according to published reports, some consumers south of the U.S. border take it to stand for something that Americans may consider cause for celebration.

NEW YORK — "MIA" usually stands for "missing in action," but according to published reports, some consumers south of the U.S. border take it to stand for something that Americans may consider cause for celebration.

September 7, 2012
Reports: Obama gets support from former Costco CEO

President Barack Obama's re-election bid got a dose of support from the cofounder of one of the country's largest retailers, according to published reports.

NEW YORK — President Barack Obama's re-election bid got a dose of support from the cofounder of one of the country's largest retailers, according to published reports.

Speaking at the Democratic National Convention, former Costco Wholesale CEO and cofounder Jim Sinegal said Obama "understands what the private sector needs to succeed," The Seattle Times quoted the co-founder of Issaquah, Wash.-based Costco as saying.

January 25, 2012
CinSulin launches concentrated cinnamon extract into food, drug, mass

CinSulin, based in Issaquah, Wash., is in the process of launching a cinnamon water extract to help maintain healthy blood-glucose levels for patients with prediabetes or Type 2 diabetes.

ATLANTA — CinSulin, based in Issaquah, Wash., is in the process of launching a cinnamon water extract to help maintain healthy blood-glucose levels for patients with prediabetes or Type 2 diabetes.

The extract contains a concentrated cinnamon extract through a proprietary process that separates the water-soluble components from unwanted fat-soluble components. The result is an extract that is on average 10 times stronger than the average cinnamon supplement, the company stated.

December 5, 2011
Costco’s lobbying changes 
WA’s liquor laws: Who is next?

Bootlegging, debauching and murdering its way through the second season, HBO’s Prohibition-themed series “Boardwalk Empire” has dramatized an era alien to its viewers but whose vestiges have remained in much of the country.


Bootlegging, debauching and murdering its way through the second season, HBO’s Prohibition-themed series “Boardwalk Empire” has dramatized an era alien to its viewers but whose vestiges have remained in much of the country.


May 31, 2011
Costco CFO: Pharmacy prices to drop off due to generics

Costco Wholesale EVP, CFO and director Richard Galanti told investors during the company’s third quarter 2011 earnings call last week that average prices in pharmacy probably would decline due to the introduction of generic versions of branded drugs.

ISSAQUAH, Wash. — Costco Wholesale EVP, CFO and director Richard Galanti told investors during the company’s third quarter 2011 earnings call last week that average prices in pharmacy probably would decline due to the introduction of generic versions of branded drugs.

“[The] only area where you are going to see some average price declines is probably in pharmacy where, and we've all read about it, there is some very well-known branded items that are going to become generic this coming year,” Galanti said.

May 25, 2011
Costco's sales jump in Q3

Sales at mass-merchandise retailer Costco rose by 16% in third quarter 2011, according to an earnings statement released Wednesday.

ISSAQUAH, Wash. — Sales at mass-merchandise retailer Costco rose by 16% in third quarter 2011, according to an earnings statement released Wednesday.

The Issaquah, Wash.-based retailer said sales for the quarter were $20.2 billion, compared with $17.4 billion in third quarter 2010. For the first three quarters of fiscal year 2011, sales were $59.5 billion, a 13% increase over $52.7 billion during the same period in 2010. The figures include sales from a joint venture in Mexico, of which Costco owns 50%.

May 5, 2011
Wholesale clubs report rise in April sales

Sales during the month of April edged up for wholesalers Costco and BJ's Wholesale Club, the companies reported Thursday.

NEW YORK — Sales during the month of April edged up for wholesalers Costco and BJ's Wholesale Club, the companies reported Thursday.

Issaquah, Wash.-based Costco reported a 17% increase for the four weeks ended May 1 to $6.8 billion, compared with the year-ago period. For the period ended April 30, BJ's disclosed a sales increase of 12.2% to $871.7 million, compared with April 2010.

April 25, 2011
Costco focuses on Rx as U.S. sales soar

Many analysts have voiced concern that despite numerous indications of a slow, but healthy, economic recovery in the United States, growth in the number of jobs has lagged, even as it has exceeded economists’ expectations.


But another indicator that the economy is picking up speed is U.S. sales growth at Costco Wholesale, the members-only mass merchandiser based in Issaquah, Wash. For fiscal 2010, sales at the company’s 424 U.S. stores — which the company officially calls warehouses — were $59.6 billion, compared with $56.5 billion in 2009.


October 10, 2010
Bartell pharmacists help international travelers

In the 2008 movie “Sex in the City,” there’s a scene in which the character...