Costco's new service beats Amazon at its own game
For years, Amazon led the market by offering free two-day delivery to Prime members. That was a massive improvement over previous shipping standards, and it became table stakes for any retailer hoping to sell to a mass audience. As a shopper, two-day shipping generally worked…
For years, Amazon led the market by offering free two-day delivery to Prime members. That was a massive improvement over previous shipping standards, and it became table stakes for any retailer hoping to sell to a mass audience. As a shopper, two-day shipping generally worked…
BELLINGS Intelligence Score: 8
Why it matters
Costco launching a new service that competes with Amazon's two-day delivery is a routine competitive development in retail logistics, unlikely to materially affect credit markets or financial professionals' core concerns.
Sources
TheStreet
Costco's new service beats Amazon at its own game
For years, Amazon led the market by offering free two-day delivery to Prime members. That was a massive improvement over previous shipping standards, and it became table stakes for any retailer hoping to sell to a mass audience. As a shopper, two-day shipping generally worked…