Costco’s Sales Rose 7.1% In August

Costco Wholesale (COST) reported that its net sales rose an annualized 7.1% to $19.80 billion U.S. in August as consumers continue to flock to the warehouse club for groceries and other essential items. The August sales result follows a 7% year-over-year increase recorded by the company in July of this year. Costco is one of the few publicly traded companies that continues to report its financial results on a monthly as well as quarterly basis. Despite the strong overall results for August, Costco’s same-store sales dipped slightly due to lower gas prices. A decline in gas prices averaging 11…

Kelowna Fire Department demonstrates new fire rescue boat

The Kelowna Fire Department was showing off its new regional fire rescue boat. It replaces one that is nearly 25 years old.“Fire protection in rural foreshore areas can be challenging, as everybody saw during the last group of fires,” said Blair Ireland, chair of the Regional Distric…