CostCo’s (NASDAQ:COST) December numbers look like a strong sign that retail sales are recovering, at least in the affluent end of the warehould sales business.
CostCo reported net sales of $8.26 billion for the month of December, the five weeks ended January 3, 2010, an increase of 11 percent from $7.41 billion in the same five-week period last year.
During the five weeks, same-store sales were up 9%, with a 5% increase in the US and a 25% improvement in the firm’s international division.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.