Costco ecommerce sales drop despite total sales increase

Costco Wholesale Corp. reported that for its second fiscal quarter ended Feb. 12, ecommerce sales were down 9.6% from the year-ago quarter. For the first half of the fiscal year, Costco ecommerce sales decreased 6.8%. Chief financial officer Richard Galanti said in a March 2 call with investors that the retailer’s “online mix of sales” […] The post Costco ecommerce sales drop despite total sales increase appeared first on Digital Commerce 360.