Storch Advisors CEO and former Toys”R”Us and Target executive Gerald Storch reacts to a strong November retail report and explains how industry winners are ‘value-based’ players.
Costco has officially confirmed a month-long rumor that the wholesale club will officially swap out Pepsi for Coca-Cola products at its food courts, prompting excitement among some of its customers.
“This summer, we will be converting our food court fountain business back over to Coca-Cola,” Costco CEO Ron Vachris said during the company’s annual shareholders meeting on Thursday.
Rumors that Costco will swap out its fountain drinks were first reported last month by Costco Insider.
“After over a decade, Costco is switching back from Pepsi to Coke products in their stores,” Costco Insider said in a post on Instagram. “The change will bring Coke, Coke Zero and Diet Coke, as well as Sprite instead…
