
5 things: Nespresso store opens in Roseville Galleria
Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox.
GET TO KNOW YOUR CITY
Find Local Events Near You
Connect with a community of local professionals.
Explore All Events
Nespresso opens in Roseville Galleria
In December, I told you that Nespresso appeared to be planning a store in the Westfield Galleria at Roseville. Update: The retailer, known for its coffee and espresso machines, is now open in Roseville.
Nespresso is one of the brands from Nestle. The Roseville store will offer classes and "self-guided experiences," according to the news release. "It also features the first self-checkout in any Nespresso location nationwide," the release states.
The Westfield Galleria at Roseville is the Sacramento area's largest shopping center.
Latest on planned Costco store in west Roseville
Fast-growing west Roseville is a step closer to getting more retail to go with all those houses.
The city has issued a building permit for a commercial building at 5200 Baseline Road, the same address for a Costco store proposed more than two years ago.
Records show the project has an estimated cost of $8.68 million. Costco Wholesale Corp. has approvals for a 160,529-square-foot store with both a fueling station and car wash near the northwest corner of Baseline and Fiddyment roads.
Senior Reporter Ben van der Meer has an update on the planned Costco location in west Roseville.
Blue Shield plans local layoffs
Blue Shield of California will lay off 41 employees in the Sacramento region, effective Sept. 23, according to a Worker Adjustment and Retraining Notification filed with the state.
The cuts include three employees at its Rancho Cordova location at 3300 Zinfandel Drive and a total of 38 employees across two offices in El Dorado Hills: six at 4203 Town Center Blvd., Building C, and 32 at 4205 Town Center Blvd., Building B.
The company confirmed the layoffs, stating the reductions represent less than 2% of its total workforce.
Reporter Chris Campbell has details about Blue Shield of California's planned layoffs in Rancho Cordova and El Dorado Hills.
Marketplace at Granite Bay adds hot chicken restaurant
The Marketplace at Granite Bay is replacing a mostly vegan restaurant with a hot chicken eatery.
The shopping center, located at the northwest corner of Douglas Boulevard and Auburn Folsom Road, confirmed that former restaurant Green Grill has assigned its lease to a group opening a new concept called Yummy Hot Chicken.
Reporter Jake Abbott explains what to expect from Yummy Hot Chicken in Granite Bay.
Mercy San Juan Medical Center names new CEO
Dignity Health has named Austin Manning as the new president and CEO of Mercy San Juan Medical Center in Carmichael, effective July 14.
Manning succeeds Michael Korpiel, who announced his retirement earlier this year after leading the hospital since 2017.
Manning most recently served as CEO of Timpanogos Regional Hospital in Orem, Utah.
Reporter Chris Campbell explains what you need to know about Mercy San Juan Medical Center's new CEO.
Have a great day, folks. Thanks for reading.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 hours ago
- Yahoo
COST Stock Price Prediction: Where Costco Could Be by 2025, 2026, 2030
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Analysts are saying that Costco could hit $2,000 by the year 2030. Bullish on COST? You can trade Costco futures on eToro, and if it's your first time signing up, . You've likely seen a packed parking lot if you've driven past a Costco anytime in the last few months. Wholesale companies like Costco expanded their popularity during the pandemic, and consumers continued to rely on them when grocery prices inflated in the aftermath. Investors were also rewarded as COST shares have doubled in the last two years, but how much growth can the company maintain? Read our Costco stock price forecast to learn where the share price might be headed next. Current Overview of Costco Stock Costco Wholesale is one of the largest publicly traded warehouse club chains, with stores in 15 countries and a loyal customer base that pays annual membership fees for the right to shop. Unlike traditional retailers like Walmart or Target. Costco focuses on a lean inventory model with private label brands and lower markups. Customers have less selection, but the company can offer lower prices while maintaining its margins. Costco is the driving force in the warehouse club sector compared to its peers. The firm holds over 60% market share amongst club shoppers and pulls in triple the annual revenue of its stiffest competition, Walmart-owned Sam's Club. Don't Miss: This AI-powered trading platform has 5,000+ users, 27 pending patents, and a $43.97M valuation — become an investor for just $500 today. Be part of the breakthrough that could replace plastic as we know it — invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. The company has been a darling of the stock market since the early days of the pandemic and now boasts a daily trading volume of more than 2.1 million shares on average. With a P/E ratio of 54.11, COST is more expensive to own than WMT or TGT, but investors have been willing to accept that so far and have boosted the company's market cap to over $423 billion. Despite the high P/E ratio, the stock's beta is just 0.99, indicating the shares are less volatile than the S&P 500. Methodology for Stock Price Prediction Costco operates on a low-margin, high-volume business model, so various factors, including financial performance, industry trends and short-term technical trading signals, influence its stock price. Here's what we used in our analysis of COST shares: Financial Performance Revenue growth: Consistent sales growth is a crucial driver of stock price appreciation. For Costco, this includes sales growth along with membership growth and retention. Profit margins: Maintaining profitability despite inflationary pressures and competitive threats in an industry where margins are notoriously slim. Cost of goods sold (COGS): Efficient inventory management and strong supplier relationships can impact margins. Costco relies on these factors to keep costs down and maintain its customer-friendly markups. Industry Trends E-commerce competition: The increasing popularity of online shopping can affect foot traffic and sales. Costco is building a solid web presence but lags compared to competitors like Walmart or Amazon Inc. (NASDAQ:). Competitive landscape: Direct competitors like BJ's Wholesale Club Holdings (NYSE:BJ) can impact market share, pricing strategies and changing consumer attitudes and economic sentiment. Technical Analysis Moving averages: Can be used as short- or long-term trend indicators. A bullish crossover occurs when the 50-day MA exceeds the 200-day MA, which could signal upside ahead. The 200-day MA often serves as a significant support or resistance level. Relative strength index (): This index measures the speed and change of price movements. High RSI values (overbought) and low values (oversold) can signal potential reversals. Chart patterns: Analysts identify patterns like head and shoulders, double tops/bottoms and triangles to predict future price movements. By carefully analyzing these factors, equity analysis firms can make informed predictions about COST's stock price and provide valuable insights to investors. Costco Stock Price Prediction for 2025 COST stock has been a powerhouse since 2024, up more than 1553% so far year-over-year and 4% alone in the last six months. The share price hovers around the 50-day moving average of $985.52 and well above the 200-day moving average of $950.60, indicating the bullish uptrend seems to remain firmly intact. Additionally, the stock's RSI reads 56.73, signaling that shares are yet to reach Oversold status, where a pullback could be anticipated. If current trends continue, it could be possible to see the stock price close in on the $1,000 mark sometime in 2025. Costco Stock Price Prediction for 2026 According to a Benzinga review of analyst coverage, 27 different equity research firms currently cover COST shares, and the overall viewpoint on the company is primarily neutral. The average price target amongst the assorted reports is $1,043.93 (representing a 9.44% upside), and the consensus rating is a Hold. A rosier picture emerges if we look at the most recent analyst upgrades from May 2025. Telsey Advisory Group has reiterated the stock is a Buy and upped their average price target of $1,086.67. This more optimistic target represents an upside of around 13.92%, so investors should closely watch future analyst updates and company catalysts. Costco Stock Price Prediction for 2030 Costco is well-positioned to maintain its market share in the warehouse club niche, but the rich valuation may give some investors pause when considering a long-term commitment. Developing a more substantial online footprint is an initiative for the company. However, its supplier relationships enable it to offer wholesale prices while maintaining higher profit margins than bigger competitors like Walmart. Can Costco crack the $2,000 mark by 2030? It'll require massive yearly gains, minimal drawdowns and continued growth in e-commerce and international markets. Recommended: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. Unlock pro-level trading, without the pro-level fees: Sign up for Generic Trade and trade at $0.59 per side on futures and options, or tour the platform for a free. Is Costco Stock Right For You? Costco's stock has grown quickly despite residing in a sector not known for meteoric growth. The volatile share, high P/E ratio and low margins may give cautious investors pause, but COST is showing enough strength to be a solid addition to a diversified stock portfolio. Its customers are supremely loyal (over 90% membership renewals), and the business model keeps inventory light and affordable. Recent analyst estimates indicate an upside potential of 10% but consult your advisor before adding a significant individual stock investment to your portfolio. This article COST Stock Price Prediction: Where Costco Could Be by 2025, 2026, 2030 originally appeared on
Yahoo
20 hours ago
- Yahoo
Best Stock to Buy Right Now: Apple vs. Costco Wholesale
Key Points Apple and Costco are arguably two of the finest consumer-facing companies you can put money in. Both companies have slowed in recent years, but have years of steady earnings growth ahead. It's close, but there is a winner due to the valuation gap between the two. 10 stocks we like better than Apple › You'll struggle to find better consumer-facing companies than Apple (NASDAQ: AAPL) and Costco Wholesale (NASDAQ: COST). These two companies have built massive, loyal customer followings, and their stocks have delivered life-changing investment returns over the years on their way to becoming two of the world's largest companies by market cap. While both stocks may struggle to deliver the same level of returns they did in their earlier years, both can still be long-term winners in a stock portfolio. That said, you shouldn't just buy at any price, especially for maturing companies like Apple and Costco Wholesale. So, which is the better buy now? Here is what you need to know. Both companies still have some juice left Apple is a leading smartphone and personal electronics company, renowned for its iOS ecosystem, which has over 2.35 billion active users worldwide. Costco is a leading membership-only big-box warehouse retailer, where members can buy a variety of goods, often sold in bulk quantities. Both companies are well-established in their core businesses, but continue to demonstrate the ability to grow, albeit at a slower pace than in the past. With annual revenue in the billions, it's challenging to maintain high growth rates, but growth remains. Apple continues to slowly increase its user base while also growing by offering a variety of subscription services to its users. Service revenue totaled nearly $53 billion through the first half of this year, up 12.7% year over year. For Costco, there is some growth in merchandise sales as inflation lifts prices higher, but its core growth engine is membership growth. Costco's paid memberships increased by 6.8% year over year in the latest quarter to 79.6 million. Membership dues contribute the majority of the company's profits. Overall, both companies have solid -- if not gigantic -- growth prospects. Analysts estimate that Apple will grow its earnings by an average of 10.6% annually over the long term, compared to about 9% for Costco. The two stocks have performed remarkably similarly over the past decade Despite these companies operating very different businesses, their stock prices have performed similarly over the past 10 years. From a share price standpoint, Costco and Apple have generated nearly identical annualized returns over the past decade, and both have vastly outperformed the S&P 500. Both companies pay small-yielding regular dividends, too. Apple has paid and raised its dividend for 12 consecutive years, while Costco has done the same for 20 years. Their dividend yields are similar, ranging from about 0.4% to 0.5%. However, Costco occasionally pays special dividends, giving it a slight edge for investors who look for dividend income. But one is the better buy right now Analysts currently expect a little more growth from Apple moving forward than from Costco, but it may also be a bit riskier than Costco. Apple has struggled to integrate artificial intelligence (AI) features into its iOS devices. The company has had to revisit the drawing board. However, Apple users tend to be quite loyal, and the iOS ecosystem is very sticky. So, while it may be too soon to panic, Apple needs to get AI right at some point, or it could face disruptive threats from competitors. Despite this, Apple is still the better stock to buy now. Why? Costco's stock returns over the past decade have been driven in part by valuation expansion. In other words, Costco's stock price has expanded faster than its profits. Today, Costco Wholesale trades at a price-to-earnings (P/E) ratio of nearly 54. That's far too high for a business expected to grow earnings at a 9% annualized pace moving forward. Apple isn't a bargain at a P/E ratio of 33, but it is far more attractive, assuming the company delivers double-digit earnings growth as expected. Apple also repurchases massive amounts of its stock, which should help drive earnings growth, even as the company navigates its AI learning curve. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Costco Wholesale. The Motley Fool has a disclosure policy. Best Stock to Buy Right Now: Apple vs. Costco Wholesale was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
a day ago
- Yahoo
25 best Amazon deals to shop this weekend in Canada — up to 87% off smartwatches, TVs, vacuums & more
Score epic savings on Nespresso, Oral-B, Keurig and more. While Prime Day, Boxing Day and Black Friday may be its best-known sales, Amazon Canada's Deals Store is loaded with discounts 365 days a year. This weekend, Amazon shoppers can save hundreds on name-brand coffee machines, electronic toothbrushes and smart TVs. But, like all Amazon deals, these prices won't last for long, so if you're looking to save on gardening essentials or new tech, the clock is ticking to save. Below, we've gathered some of the best and most exciting Amazon Canada deals available this weekend, including a handful that are 70 per cent off or more. Keep scrolling to shop the sale. 5 best Amazon deals to shop this weekend 20 other really good Amazon deals to shop this weekend Best Amazon tech deals Save 50%: JBL Vibe Flex True Wireless Earbuds (shop for $50 $100) 26% off: Acer Aspire 5 17.3" FHD 1920x1080 IPS Laptop (shop for $699 $950) Take 13% off: Amazon Fire TV 40" 2-Series HD smart TV (shop for $270 $310) 75% off: WiFi Extender Signal Booster (shop for $50 $200) Save 33%: soundcore by Anker P20i True Wireless Earbuds (shop for $27 $40) Best Amazon kitchen deals Save 53%: Philips Baristina Espresso Machine (shop for $237 $500) Take 41% off: Keurig K-Supreme Plus Coffee Maker (shop for $130 $220) Save 36%: Chefman Air Fryer (shop for $70 $110) 40% off: Contigo Streeterville 40 oz Tumbler (shop for $28 $47) Take 42% off: Nespresso Vertuo Plus Coffee Machine (shop for $139 $238) Best Amazon home & living deals Save 52%: Lefant Robot Vacuum Cleaner (shop for $135 $280) 45% off: DREAME H12 Pro Wet Dry Vacuum Cleaner (shop for $330 $600) Take 45% off: Brother Label Maker (shop for $22 $40) Save 31%: Bedsure Satin Pillowcases (shop for $10 $15) 41% off: AeroGarden Harvest Elite 360 Indoor Garden Hydroponic System (shop for $28 $48) Best Amazon beauty & personal care deals Save 23%: Philips Electric Shaver Series i9000 Prestige (shop for $230 $300) 46% off: LUXROS Eyelash Enhancer Serum (shop for $27 $50) Save 30%: Sports Research Vitamin D3 + K2 (shop for $18 $26) 41% off: Tampax Pearl Tampons Multipack (shop for $12 $20) Take 17% off: Cascade Platinum Dishwasher Pods (shop for $25 $30)