While many consumers were rocking around the Christmas tree, Costco Wholesale Corporation was getting busy. The retailer’s efforts clearly paid off, as Costco recently reported impressive sales results for the retail month of December. Ultimately, the chain revealed net sales of $22.24 billion.
For the five weeks ending January 2, 2022, Costco saw an increase of 16.2 percent from $19.14 billion last year. Of note, the company saw a 17.8 percent increase in its e-commerce sales in comparable sales, showing that shoppers are still opting for delivery and online shopping.
According to the results, the company reported net sales of $76.34 billion for the 18 weeks ending on January 2, showing an increase of 16.6 percent from $65.47 billion last year.
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Costco currently operates 828 warehouses, noted the report. The retailer continues to bolster new and current partnerships, according to our sister site AndNowUKnow, and innovate, leaving us to wonder what’s next for the big-box chain.
No matter the case, you can bet that Deli Market News will be here to report.