Costco Sales Drop Amid "Stay-At-Home" Orders

Costco Sales Drop Amid "Stay-At-Home" Orders

Business Insider is reporting that Costco saw a decline in its monthly sales for the first time in years.br On Wednesday, the company said that sales during April were "negatively impacted" by COVID-19.br "Stay-at-home orders, social distancing restrictions, and some mandatory closures led to decreased traffic and sales."br The warehouse chain had previously experienced a surge in sales throughout February and March.br In February and March customers flocked to stock up on essentials in order to prepare for the looming lockdown.


User: Wochit Business

Views: 5

Uploaded: 2020-05-07

Duration: 00:30

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