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Costco to open first Chinese store despite failure of other international retailers [FOX Business Network]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Costco to open first Chinese store despite failure of other international retailers video Costco warns shoppers over possible price hikes due to tariffs; Dollar Tree adds alcohol to its stores Morning Business Outlook: Costco announces the U.S. trade war with China will lead to higher prices; Dollar Tree, owners of the nationwide discount shopping chain Family Dollar, say about 1,000 of their stores will begin selling alcohol. Continue Reading Below The retail giant will open its store Tuesday in a suburban area of Shanghai, AFP reported Other international retailers haven’t moved quickly enough to do well in the Chinese market MORE ON FOXBUSINESS.COM… However, Zhang told AFP that Costco was careful to make sure Chinese consumers knew the brand. Zhang also suggested it could help that Sam’s Club -- another membership-based warehouse -- has been in China for more than 20 years. Ticker Security Last Change %Chg COST COSTCO WHOLESALE CORPORATION 278.46 +4.45 +1.62% Advertisement "Chinese
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