7 years ago0125When news broke that Amazon had bought Whole Foods last week, grocery store stocks took a kick in the gut. Now, it's happening all over again -- but in a different industry.
On Tuesday, Amazon announced its newest store -- Prime Wardrobe, and apparel retail stocks have taken a nosedive.
With Prime Wardrobe, Amazon aims to simplify...
7 years ago088The majority of people who hold a membership card at Costco also make use of Amazon's Prime service. According to Lindsay Rittenhouse of The Street, this could prove to be Costco's Achilles heel.
On Monday, June 19, financial services firm Cowen & Co. wrote in a research note that the overlap of Costco and Amazon Prime members...