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Costco established-store sales fall 1% in October

Costco Wholesale Corp. said sales at established stores fell 1% in October, wider than the estimate of a 0.6% decline from analysts surveyed by the research firm RetailMetrics.

The second-largest U.S. retailer behind Wal-Mart Stores Inc. said total sales for the four weeks ended Nov. 1 rose 1% to $8.78 billion from $8.73 billion.