Costco reported net sales of $8.16 billion for the month of January, an increase of 2 percent from the same period last year. It’s been aggressively growing its international presence, so the foreign exchange issue dinged results. Costco, overall, is a decent gauge of the economy and consumer spending as its the second- largest global retailer after Walmart. Two upcoming headwinds its bracing for with its American consumer base: The demand for more organic products and produce. Millennials who don’t buy in bulk because of their small urban living spaces. On the upside, Costco’s gasoline business has become big. And the warehouse chain has been working to grow its international presence There are plans to open half of its new stores overseas over the next few years and maybe 400 or 500 more warehouses in the U.S. over the next couple of decades.
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