The membership warehouse supermarket chain Costco has released the last quarter and fiscal year earnings. Data show that in net sales, net income, the membership fee income is increased at the same time, its electricity sales in the last quarter rose 27%, 15% growth in the last fiscal year.
It is worth mentioning that in the last fiscal year, Costco online sales of $4.6 billion, accounting for about 3.6% of total sales. The Costco senior team ever hesitate whether to focus upon the electric business, but over the past year, the company still put most of the energy in the digital aspect, including improve the function of the website Costco.com. "Recently, Costco also released a program called "CostcoGrocery" service, to provide users with two day delivery service, there are 500 not perishable groceries class SKU can enjoy this service. Costco, meanwhile, also strengthen and supermarket goods delivery company Instacart (similar to domestic multipoint, love fresh bee) cooperation, at present there are about 1700 SKU can enjoy free in many American cities on the same day delivery service. Obviously, these measures promoted the Costco online sales growth, also let their hope on the digital transformation. Galanti also said that Costco will continue to launch a series of online business project.