Costco Canada is CLOSED on Thanksgiving (October 13, 2014)

October 10th, 2014 by Kimberly · No Comments

Happy Thanksgiving

Happy Thanksgiving

I wanted to make sure that everyone in Canada is aware that Costco will be CLOSED all day on Thanksgiving (Monday, October 13, 2014).   Though there is one exception to this, the Province of Quebec will be OPEN with their regular hours.  So, if you’re going to be responsible for Thanksgiving dinner at your house and still have some stuff you need to prepare the perfect family meal, make sure you hit Costco by Sunday!

I imagine that much like in the US, everyone will also have this great idea to hit up Costco right before the holiday, so you might want to bear that in mind.  Shop early!

Have a Happy Thanksgiving, everyone!

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Costco Earnings Up for Q4 and Fiscal Year 2014

October 9th, 2014 by Kimberly · No Comments

I’m not a financial analyst, and I don’t even play one on the Internet, but I did want to share the latest Costco earnings information with everyone, because it is really quite good.  For about a year, Costco has been doing well, but not outpacing the expectations of the analysts.  However, their latest results from the fourth quarter of fiscal year 2014 (ending August 31) were well up from last year and definitely exceeded expectations.

For FY2014 Q4 Costco reported earnings per share of $1.58 or $697 million, which was a healthy 12.9% increase over the $1.40 per share, or $617 million, for earnings during the same period last year.  Also, that $1.58 is way ahead of the $1.52 per share that analysts had predicted.  Sales for Q4 rose by 9% to $34.8 billion.  Overall, FY2014 for Costco saw net sales of $110.21 billion, representing an increase of 7% from $102.87 billion last year.  Costco saw an increase in comparable store sales growth of 6%, in the US and internationally, for the last quarter, and an increase of 4% growth overall for the fiscal year.   Comparable sales growth would have been a bit better without the negative impacts of gasoline prices and detrimental currency fluctuations (the dollar has really gained a lot of ground on multiple foreign currencies in the last quarter so that hurt international sales growth numbers).

The good news is that Costco continues to do well, even when other retailers have been reporting slumping sales and weak numbers.  Costco should be able to continue to post such good results during their fiscal year 2015 since all indicators point to a growing retail market in the US again.

As you can imagine, all of that good news, led Costco stock (COST) to jump to a new high yesterday.  Costco ended the trading day at $128.73 per share, an increase of $3.46 or 2.76% for the day.

During the earnings conference call, Richard Galanti, CFO, shared a bit about their expansion plans for FY2015.  The plan is to open 31 new locations and relocate four existing locations to new stores.  Of that 31, eight of those will be opened by the end of the year (I have those listed on my locations page), plus one relocations in Wayne, New Jersey.  The overall breakdown is that 19 of the new stores will be in the US, 1 in Canada, 1 in the UK, 1 in Spain, 1 in Australia, 1 in Taiwan, 2 in Mexico, 2 in Japan, and 3 in Korea.  Of course, some of those could be delayed and others could be faster to develop, but the total of new stores should come out to around 30, not including the four relocations.  Also, they are planning to expand their ecommerce operations to one or two new countries by the end of 2015.

For more information:

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October 2014 Locations Update

October 7th, 2014 by Kimberly · 14 Comments

In my locations update this month, I’ve got some good news for a few lucky places, but some not so great news for others, unfortunately.  As usual, I’ve also gotten a number of requests in the last month to check out specific locations and I am trying to keep up with them all and find information.  Sorry if the place you wanted to know about isn’t in the update today, maybe next month.

Locations opening soon:

Official Opening Dates from Costco:
TIMNATH, COLORADO October 2, 2014
WAYNE, NEW JERSEY October 23, 2014
CAMILLUS/SYRACUSE, NEW YORK October 24, 2014
LEON (second store), MEXICO October 2014

 

Jackson, Mississippi

This has been a roller coaster ride so far.  Things looked really good and then they looked equally grim for the new Jackson Costco location.  But now it seems that there might be a little bit of hope again.  Costco was looking at a site by the Smith-Wills Stadium, which had a lot of people upset for various reasons and it seemed like Costco was unwilling to consider other locations.  However, the Jackson mayor, Tony Yarber, says that he has been in contact with Costco and they are indicating that they will look at other locations in Jackson, including the other two sites they had considered previously in Flowood along the Lakeland Drive/Mississippi 25 retail corridor.  So, we will just have to wait to see how this works out, but I’m guessing this will definitely mean that no Costco will be opening up around Jackson in the next year for sure.

Perrysburg, Ohio

It looks like the construction of the new Perrysburg location might be able to get back on track.  There is an underground gas pipeline that runs through the site of the new store and without rerouting it, construction couldn’t continue.  But Costco has reached an agreement with Columbia Pipeline Group to reroute the 1,300 feet of pipeline under their site starting later this month.  The gas line is 4-feet deep, has a 20-inch diameter, and runs diagonally across the 28-acre site, the rerouted pipeline will go around the north and east sides of the site instead. Luckily, the change in the pipeline is not   Unfortunately, this has caused serious delays to getting the new Costco built and Costco is now indicating that the new store will not be open until the end of 2015.

Jerome, Ohio

At the end of September, the Jerome Township Zoning Commission granted approval to the 148,000 square foot Costco that will be part of the new Dublin Green shopping center.  With approval granted, site work can begin on the project this fall and the actual construction phase will begin no later than June 2015.  Hopefully that means the new Costco will be open by the end of 2015.

Florence, Kentucky

Well, the new Costco coming to Florence has turned the corner into the actual construction phase now.  Construction has started on the 63 acre Florence Heights project at the northwest corner of Interstates 71/75 and US 42.  Costco’s new 135,000 square foot store should be open for business in early Fall 2015.   Menards will also be anchoring the new development and will open after Costco.

Pearland, Texas

Pearland officials have confirmed that Costco will indeed be part of the new development being built at the northwest corner of State Highway 288 and County Road 59.  The Pearland City Council held a meeting in the middle of September to consider a zoning change application to add things like a pharmacy and other design items to the existing plans for the development.  If approved, the council indicated that construction on the project would start in late 2015, which could mean that Costco will be open by Spring 2016.  I tried to check on the outcome of the city council meeting but was having  a problem getting their website to load.

Lévis, Quebec, Canada

Well, it was looking like the new Costco location in Lévis would be opening up in November, but now there is some undisclosed delay.  As a result of he delay, the new store will not be opening until March 2015.  The new 148,000 square foot store is part of a new development along Highway 20.  When the groundbreaking took place this past June, the store was supposed to be opening in November 2014, now though that has changed.  Strangely though, there seems to be lots of disagreement or lack of clarity for the cause of the delay.  Costco says that the problem is related to construction, but there’s disagreement on that as the cause from the developer and they say it must be an operational problem.  No matter what the cause of the problem, it means that the new Costco store won’t be open next month as hoped and planned.  Everyone will have to wait until Mach 2015 instead.

Canberra, ACT, Australia

The existing Canberra Costco store will be opening a new petrol station soon; before Christmas is the target.  This will be the fourth petrol station for Costco Australia, joining the ones in Sydney, Brisbane, and Liverpool.  Much like the rest of Costco shopping, you will only be able to enjoy the deep discounts on petrol if you are a Costco member.  This should come as a real relief to Canberra shoppers since they have some of the highest petrol prices in Australia as of result of the market being dominated by petrol stations from Woolworths and Coles.  At other Costco petrol locations, they have prices 2¢ – 4¢ cheaper than competing petrol stations.

Cabo San Lucas, Mexico

There was a big bunch of damage caused by Hurricane Odile and the subsequent looters to the Costco in Cabo San Lucas.  As a result the store was forced to close for repairs.  The winds from the hurricane were so strong that they tore through the gates and lifted a section of the roof off of the store.  And then of course, the looters broke in and added to the damage.  They not only took away merchandise but also cash registers, computers, weights, and printers and also destroyed the hearing and optical centers, according to Costco.  Costco is aiming to have the store back up and running by early November, though someone on here posted a comment saying it wasn’t going to be able to re-open until December 15.

Upcoming Holiday Closures and Hours

  • Costco Canada
    • Thanksgiving: Monday, October 12, 2014 all locations CLOSED;
      • Exceptions:
      • Province of Quebec OPEN.
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This Week at Costco – September 28, 2014

October 4th, 2014 by Kimberly · 2 Comments

Happy October!  I cannot believe that it is already October!  Woot woot for Fall!  If you’re in the US, don’t forget that the new coupon book started on Thursday and there are some really great coupons and deals this month.  There’s even a good coupon in there for candy bars if you’re expecting trick or treaters this year…..and won’t eat it all yourself before Halloween.

If you’re a Costco Australia shopper, don’t forget that Costco locations in Queensland and New South Wales, as well as the location in Canberra are closed on Monday, October 6, for Labour Day.

Pringles 6 Can Bundle

Pringles 6 Can Bundle

Pringles 6 Can Bundle – Dave’s got an appreciation for Pringles and even though I’m not all about eating chips/crisps, sometimes I like some too.  They’re a great way to make a lunchtime sandwich seem a little more filling and that’s mostly how we eat them.  Pringles have been around forever, certainly all of my life and they somehow hit a nostalgic note with me.  Though to be fair, I don’t really remember eating them much as a kid.  I think it is something about them coming in a can rather than a bag like everyone else, seems so 70s to me.  Pringles came about from Proctor & Gamble trying to respond to customer complaints about greasy, broken chips and the air in the bags making the chips go stale.  Because no one wants to eat greasy, stale, pieces of chips.  Even though they didn’t actually start selling Pringles until the late 60s they had been working on them since the end of the 50s, to get the right texture and flavour.  Unlike regular chips, they aren’t made from sliced potatoes but from a potato dough that is fried, which you would think would make them seem greasier but they really don’t seem greasy at all.  But because they are made from a dough, instead of a piece of potato, they can’t be referred to as potato chips or crisps, but only as a potato snack.  In our house, we like our potato snacks, and don’t discriminate about how whole the potato was that they came from.  At Costco you get six cans bundled together, three of which are the original or plain flavour and three which are sour cream and onion flavour.  I like the sour cream and onion flavour best, that’s always been my favourite chip/crisp/potato snack flavour.  So, Dave gets to eat all of the plain ones he wants, and then we do a bit of negotiation about the cans of sour cream and onion ones.  Usually, no one ends up crying during these negotiations and we try to put everything we learned from Sesame Street into practice.  Did you realize that there are as many chips in a can of Pringles as there are in a regular size bag of chips?  Except there aren’t any crushed chips in your protective can, though sometimes you do get some that are cracked or broken a bit but never to the point where they are dust.    The six can bundle at Costco is really a great deal, certainly the best deal that I’ve seen anywhere I shop.  At other stores they are somewhere between £1.25 to £2.48 for a can of Pringles, but at Costco the price comes to under £1.00 a can.   Buying the six cans at a time isn’t a big deal for storage for us either because the cans stand up and don’t take up too much of our precious cabinet space.  Buying six bags of crisps though would be a total storage issue.  And that’s how I can justify having six cans of Pringles in the house.  Ha! 6 cans for £5.29 (US: $8.47).  Item #: 0002644.

TerraFertil Goldenberries

TerraFertil Goldenberries

TerraFertil Goldenberry –  If you’re like me, you’re probably thinking “what’s a goldenberry?”  It turns out that goldenberries, or physalis,  are these little berries grown in the Andean mountains and packed full of fibre and nutrients like iron, potassium, and vitamins A and C. They dry the gondenberries and then throw in a bit of juice from pineapples to get the final product and they are tart, tart, and even more tart.  But somehow still also a bit sweet with an interesting taste.  When I first tried them I thought they were way too tart and I wasn’t too thrilled with them.  However, I kept adding a few of them to various things and have found that I actually like them much more now.  But they are still super tart, there’s just no way of getting around that.  I picked these up because of the nutritional content of these little superberries, especially all of the iron and potassium.  In a 100 gram serving of goldenberries you will get 21.9 grams of fibre, 5.6 grams of protein, 1200mg of potassium or 60% of your RDA, 2.6mg of iron or 19% of your RDA, 97.1mg of magnesium or 26% of RDA, 21.5mg of vitamin C or 27% of the RDA, and 294 calories.  I don’t think I am ever eating a 100 gram serving, but probably about a quarter of that at most.  They make a great afternoon snack and I do find them really filling, even with just a small amount of them.  I’ve also used them to give a punch of flavour to salads and yoghurt.  On the bag they suggest them for cereal or porridge, and I think that would be a great way to work them into your diet too.  The tart flavour makes them have a lot of big flavour, so you do have to be careful about not over adding them or they can quickly take over any dish.  If you’re sick of the same old fruit, you should give these a try to shake things up a bit and try something new while still getting all of the nutrition in a piece of fruit.  567 grams for £7.49 (US: $11.99).  Item #: 0169421.

KS & Sahale Snacks Pecan-Cashew Nut Crisp

KS & Sahale Snacks Pecan-Cashew Nut Crisp

Kirkland Signature Sahale Snacks Pecan-Cashew Nut Crisp – I think it is nice to have something in the afternoon or mid-morning for a quick snack and this nut mix is perfect for that.  The mix is created by blending pecans, cashews, dried apples and peaches with cinnamon, and a bit of vanilla extract.  The mix is great and so flavourful!  It’s sweet enough to satisfy any sweet craving, yet you don’t feel like you’re just eating sugary junk.  If you have just a little handful of this it is really satisfying and can carry you through the late afternoon munchy period.  I have even mixed them with some of the goldenberries to tone down the tartness of those and still have a bit of sweetness.  The nut crisp would be perfect to add to cereal, oatmeal, or granola, but I also like it mixed with Greek yoghurt.  I haven’t done it, but I bet this would be great on a salad too.  If you’re not familiar with Sahale Snacks, they have been making delicious nut based snacks since 2003.  They use natural nuts and ingredients, along with dried fruits free of preservatives and other organic ingredients like honey and cane sugar.  I’m a big fan of nuts and something like this is perfect for me because it has a bit more going on than just a handful of nuts, so it’s a nice, tasty change.  Next time I’m going hiking or camping, I’m definitely going to pick up a bag of this at Costco (hopefully, they’ll still have it then).    454 grams for £7.49 (US: $11.99).  Item #: 0729893.

Kirkland Signature Natural Citrus Body Wash

Kirkland Signature Natural Citrus Body Wash

Kirkland Signature Natural Citrus Body Wash – I know this has been out for a while now, but I’ve only bought this recently.  I first tried this a couple of years ago at my mom’s house and wanted to get some when we got back to London but it wasn’t in our Costco at that time.  And then last year we had a bit of weird year because we didn’t know how long we were going to be living anywhere so it didn’t seem like a wise thing to buy two huge bottles of body wash.  But now that we are all settled, and they have the KS Body Wash in our normal UK Costco, I could finally pick some up.  The body wash has a nice, light citrusy scent that is really pleasant but dissipates quickly so you don’t feel like you’re wearing Eau de Orange Juice all day.  The body wash is made using a blend of plant extracts like olive leaf, chamomile, basil, gingko biloba, pomegranate, and mandarin orange and grapefruit peel oils.  All of these extracts help to moisturize your skin and keep it soft and healthy.  The body wash is also free of nasty things like parabens and sulfates that can be so very harsh on your skin, plus the formula is “ecologically sensitive” according to the packaging.  This is also free of gluten which I know is really a key thing for people with gluten allergies or intolerances.  So, the KS body wash is good for you and the environment, with no animal testing.  I think it is great that you can buy such a product at Costco for such a really reasonable price.  This definitely beats buying a little bottle of body wash that has all of that going for it at a specialty store for probably around the same price as the two big bottles at Costco.  I love the smell, and I love the body wash because it has really been good for my skin.  I have a bit of a problem with a couple of patches of eczema that get very annoyed by almost any type of soap, but this body wash has helped my skin stay rash free and still soft.  Plus, it does actually make you feel clean and fresh.  What more could you want in a body wash really?  The price is really reasonable as well since you get two really large bottles for £7.49 or £3.75 per 800ml bottle.  The bottles are pretty good sized, but since they have a pump dispenser it doesn’t really matter, except you need to find someplace to put it in your shower.    2, 800 ml bottles for £7.49 (US: $11.99).  Item #: 0712042.

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Some Costco Australia Locations Closed on Monday, October 6, 2014 (Labour Day)

October 3rd, 2014 by Kimberly · No Comments

Have plans for a get together with friends and family this Labour Day?  If so, you’ll want to get in your Costco shopping this weekend because they are CLOSED on Monday for Labour Day. All Costco Australia locations in Queensland, New South Wales, and the location in Canberra will be CLOSED for Labour Day on Monday.  However, locations in Victoria will still be open as normal  So, you’d better get to Costco this weekend for any shopping that you need.   Of course, this also means that Costco will most likely be totally crazy this weekend because everyone else will be there shopping for whatever they have going on too.  You might want to think about getting there early to avoid the crowds and make sure you still have stuff to buy!

Costco Australia Locations CLOSED on Monday, 6 October for Labour Day:

  • North Lakes, QLD
  • Crossroads and Auburn, NSW
  • Canberra, ACT
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