Costco Could Crush Amazon in This Huge Emerging Market
Costco Wholesale (NASDAQ: COST) and Amazon (NASDAQ: AMZN) may not be the most direct competitors.
Costco, after all, focuses on buy-in-bulk bargain-priced goods in its warehouse stores, while Amazon is best known as the "everything store," stocking millions of items online for easy delivery.
As they have grown, however, the two companies are increasingly fighting for the same customer. Amazon has spent years trying to elbow its way into the grocery space with its acquisition of Whole Foods, its opening of Fresh grocery stores, and a range of efforts online to become its customers' first stop to fill up their pantry.
Source Fool.com
