A larger-than-expected inventory charge may have dinged Costco’s third quarter earnings per share, but strong membership upgrade numbers and a dozen fourth quarter openings bode well for the company’s future performance.
All stores also will feature new in-store Woodson & James signage. Associates from the meat department, outfitted in Woodson & James aprons, will be on hand to offer simple preparation and cooking tips, as well as information about the new beef line.
Pamela Bailey, president and CEO of the Grocery Manufacturers Association (GMA), has announced the appointment of Sean Darragh as EVP global strategies, a newly created position within the association.
Walmart will be looking to capitalize on compelling growth prospects in China under the leadership of new senior executives following the simultaneous departure of CFO Roland Lawrence and COO Rob Cissell.