Profit Down at Costco, BJ’s Beats View with Food Sales

March 3, 2009

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Costco Wholesale Corp. posted a lower profit as it slashed prices aggressively to win market share, while smaller rival BJ’s Wholesale Club Inc. topped Wall Street expectations by luring shoppers with fresh food and prepared meals.

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Profit Down at Costco, BJ’s Beats View with Food Sales

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