Retail

Costco's Third-Quarter Sales Stagnate

Costco Wholesale said its sales stagnated in its third quarter, and the bulk seller also gave investors a glimpse into how much a wage increase for its store workers could affect its bottom line.

Best Buy Forecasts Profit Miss, CFO to Step Down

Best Buy forecast current-quarter profit below analysts' estimates, partly due to a disruption in supply of some high-margin products after an earthquake in Japan, and the company said its chief financial officer was stepping down.