Retail in Asia

In Sectors

Costco key April sales figure rises

Costco Wholesale Corp.’s April revenue at stores open at least a year rose 11 percent partly on an earlier Easter, but were slightly shy of Wall Street’s expectations.

Analysts surveyed by Thomson Reuters expected an 11.2 percent increase.

Costco currently operates 567 warehouses, including 7 in Korea, 6 in Taiwan, 9 in Japan and 1 in Australia.