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4 days ago · Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.
Feb 2, 2022 · Costco locations can sell up to 1 million gallons of gas per month, while typical gas stations average monthly sales of just 80,000 gallons. And despite Costco’s narrow profit margin...
- Dan Clarendon
Mar 2, 2023 · In July 2021, Costco’s retail sales rose almost 17%. During its monthly review, the retailer reported net sales for July 2021 at $15.21 billion, up from $13.04 billion a year prior . The actual percentage increase was 16.6% from 2020.
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- Costco has 55.5% of the wholesale club market. This number has hovered between 52-56% throughout the past two years. Sam's Club and BJ's Wholesale...
- The Iwelei Costco on Oahu Island in Hawaii is the busiest in the world. Costco estimates that 1 in 4 residents of the island are Costco members, an...
- One Costco makes $526,000 a day, on average. With the average annual sales per warehouse at $192,000,000 and 365 days in a year, the average Costco...
- Costco brand is called Kirkland because in 1992, when the private label was introduced, Costco's corporate headquarters were in Kirkland, Washingto...
- Approximately 123 million people have a Costco membership. That works out to about 68.1 million households around the world that have Costco member...
- General Statistics
- Location-Based Statistics
- Sellers and Distributors
1. The average gas station price in January 2022 was 144.4 cents per litre.
(Canadian Automobile Association) The average price fluctuates according to consumer demand and annual production levels. Even if these numbers seem steady for a while, they can undergo swift changes in a short span of time, depending on the circumstances. Wholesale gasoline and crude oil prices are treated in the same way as any other commodity. The inherent value that’s placed on these goods relies heavily on current market conditions as well as local demand and supply capacities. All of th...
2. Canadians generally pay less for gasoline than most countries in the world.
(Canadian Fuels Association) Based on data from June 2020, Canadians averaged about 102.9 cents per litre, which ranks among the lowest gas prices at the time. The United States follows closely behind with 74.5 cents, which is also an admirable feat. In contrast, the prices in some of the other leading countries globally show steady growth. Upon closer inspection, it’s easily noticeable that Italy is the clear frontrunner, with a whopping 210.7 cents, virtually doubling down on Canada’s stats...
3. Since May 2020, gas prices in Canada have steadily increased.
(Statista) Before the pandemic hit, the median gas price in February 2020 was 112.2 cents, a reasonable amount. Starting from the following month, these numbers plummeted fairly quickly, only to reach 77.8 cents in April. This drastic change is considered normal, given the circumstances and the sudden halt that all aspects of human life were brought to. The numbers started going up again in May of the same year, reaching a price point of 91.4 cents and continued the rising trend for months to...
6. Among Canadian provinces, British Columbia edges out in first place.
(Canadian Automobile Association) Not surprisingly, there’s no universal criterion when it comes to the price of gasoline in Canada. As of January 2022, British Columbia slithers into first place with an average of 162.6 cents while Newfoundland gas prices trail closely behind with 158.9 cents. Somewhat surprisingly, the most densely populated province of Ontario falls into fifth place with 143.4 cents. Meanwhile, Alberta occupies the final spot with a budget-friendly 136.1 cents per litre of...
7. Of all the major cities, Vancouver leads the pack, averaging 125.4 per litre.
(Canadian Fuels Association) The local pump price for a litre of gas in Canada is greatly influenced by consumer demand, sales volume and market size, as well as the number of competitors found in the area. While Vancouver tops the chart, Halifax can be found at the opposite end of the spectrum with 92.5 cents for each litre of gas. In between, you’ll notice a range of prices in different cities. Gas prices in Toronto average at 99.9 cents whereas in Montreal gas is available for 106.4 cents.
8. Parkland Fuel leads the market share of distributors with 15.4%.
(Canadian Fuels Association) Parkland fuel has retained a strong presence in the gasoline marketplace in Canada, practically cementing its presence in the industry. Suncor Energy comes in second place with a respectable 10.6% whereas Couche-Tard stands at 9.6% in third place. When taking a look at the lower end of the scale, Greenergy Fuels and Filgo-Sonic fall short with 2.1% and 2.4%, respectively.
9. Marketing and distribution costs make up 7% of the retail pump price.
(Canadian Fuels Association) Canada boasts a complex distribution network to get fuels out of refineries and into product terminals. This process can be achieved through pipelines, ships, rails and trucks, depending on the area. Once the fuel has arrived at product terminals, it’s then shipped out to retail outlets and other wholesale distributors. Only then can customers gain access to the fuel they need for transportation. The resources necessary to fund the distribution across the country...
Nov 20, 2021 · Gas prices are skyrocketing, and Americans want to save at the pump. That plays right into the hands of Costco, BJ’s Wholesale Club and Sam’s Club. The national gas price average jumped to...
Mar 18, 2024 · Some of the different departments in which Costco operates include grocery, appliances, baked goods, electronics, apparel, and books, among many others, as well as offering a food court in many...
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consumer electronics, lawn and garden, health and beauty, apparel and 2-Day Delivery. Costco Next provides members the option to digitally purchase an expanded selection of products directly from vendors at a great value. Our employees are the foundation of Costco’s business, the heart of the Company’s culture, and the driver for our ...
