Market Chatter: Costco Wholesale to Open Stand-Alone Gas Stations to Boost Sales

MT Newswires Live
07/20

Costco Wholesale (COST) plans to open stand-alone gas stations in a bid to boost sales, The Wall Street Journal reported Saturday, citing Costco Chief Financial Officer Gary Millerchip.

The gas stations will be located near Costco store parking lots that normally have the pumps, according to the report.

The first stand-alone Costco gas station opened in Southern California in June, and the second is planned in Honolulu, the report added.

Costco did not immediately respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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