Monday, December 18, 2017

Analyst says Costco’s online business is poised to take off

Linda Wentzel shops for clothing at a Costco Wholesale store in East Peoria, Illinois.Costco shares tumbled this summer on worries the Amazon-Whole Foods Market merger will hurt the retailer's business.

But one Wall Street firm says the retailer's e-commerce growth will be a catalyst to lift Costco stock to new heights.. . . more

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