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Costco could face nearly $11 million in losses after its website malfunctioned on Thanksgiving, according to data analyzed by retail website Love the Sales.
Read more at foxbusiness.com
Last year, it raked in nearly $40 billion, an 11% increase from 2017. That’s more than JCPenney and Macy’s combined. Kirkland’s sales also beat out Campbell Soup, Kellogg, and Hershey put together.
Kirkland, which Costco sells for at least 20% cheaper than national brands at its warehouses, helps the club keep prices low even on the products it doesn’t make.
Read more at CNN Business (Warning – this page plays video automatically, lower the volume before click.)