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Costco to Resume Stocking Coca-Cola Beverages


Costco Wholesale Corporation (US) has announced that its stores are to resume stocking Coca-Cola Company (US) beverages next week.

The chain ceased stocking the beverage giant’s products in November after an argument over pricing.

Speaking to Reuters, Coca-Cola spokesman Scott Williamson said that the company’s products will continue to be listed at Costco stores.

“Our program aligns Coca-Cola’s brand and package offerings with the needs of Costco’s members in a way that is fair and equitable for both Costco and Coca-Cola,” he said.

Costco Wholesale Corporation recently announced its operating results for the first quarter of the fiscal year, ended November 22nd 2009.

They reported that net sales have increased by six per cent on the figure reported in the first quarter of the fiscal year 2009.

This brings the figure to $16.92 billion (£10.37 billion) compared to $16.04 billion in 2009.

Coca-Cola recently announced that its board of directors had made two officer elections.

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Tuesday, January 23, 5:47 pm

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