Costco Archives - Just Food
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Costco

Focus: Will synergies lift Ahold Delhaize in US?

Focus: Will synergies lift Ahold Delhaize in US?

The merger between European retailers Ahold and Delhaize is significant because it will allow the group's to scale up in the key US market, where the majority of revenue is generated. Announcing the deal, the companies said EUR500m (US$560m) in annual synergies are on the table. But these, as and of themselves, will do little to raise the combined group's lacklustre US growth trajectory. Katy Askew looks at the impact the merger will have in the US – and whether Ahold Delhaize will deliver on their promise to drive consumer-led innovation.

Focus: Thai seafood scandal puts food supply chains back in the dock

Focus: Thai seafood scandal puts food supply chains back in the dock

Harrowing accounts of forced labour, torture and murder on board fishing boats providing feed for the massive Thai shrimp industry have shocked the public and given the global food industry tough questions to answer about its ability to ensure ethical standards in complex supply chains. Ben Cooper reports.

US: Costco Q1 sales rise 5%

Costco booked a 5% increase in group sales for the first-quarter today (5 December), as the group was able to shrug off the impact of gasoline price deflation and foreign…

US: Wholesale giant Costco to enter Spain

US wholesaler Costco plans to enter Spain next spring, its eighth overseas market. Costco is aiming to open two stores in Spain "next spring and summer", CFO Richard Galanti said…

US: Costco FY sales gain

Costco, the US club retailer, has posted a 6% increase in full-year sales. The company said growth was evenly weighted between its US and international businesses, both of which saw…