Costco Wholesale Corp. (NASDAQ: COST) launched its Cyber Monday promotion on Sunday and added dozens more items to its online promotion Monday morning. The big-box retailer’s online sales in its most recent fiscal year rose 20% to $3.5 billion (total revenues reached $116 billion) and growth is expected to continue at a compound annual growth rate of 9.5% through 2018. The company’s Cyber Monday efforts indicate how it continues to focus on beefing up its online business.
Sunday’s listings included a KitchenAid stand mixer for $40 off, a $50 savings on an Xbox One bundle and $50 off a PlayStation 4 game controller, none of which appears in the Monday online ad. Monday’s ad offers a 55-inch Samsung HD Smart TV for $300 off the regular price of $1,180, plus free shipping from its online store. A Dell desktop computer is offered at $850, a $300 savings, and a Dell touchscreen laptop is available for $1,300, a savings of $200. The computer savings are manufacturers’ rebates and neither item comes with free shipping.
Besides electronics gear, other offers include a $50 manufacturer’s discount on a Roomba robot vacuum cleaning, bringing the price down to $300 with free shipping. A Canon camera bundle is a Cyber Monday deal that saves customers $500 and brings the price down to $1,150 with free shipping and a GoPro Hero3+ Silver is available for $50 off with free shipping for Costco members only.
The company’s Cyber Monday catalog has special pricing on many items running through December, as well as pricing offers that end Monday.
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