7 years ago087The 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...
7 years ago087On Friday, the grocery industry awakened to the unexpected news that Amazon was buying Whole Foods in a deal valued at $13.4 billion.
Whole Foods, an eco-minded and health-conscious supermarket chain that focuses on natural and organic products, opened its first store in Austin, Texas, in 1980. It now has nearly 500 stores in North...