Costco Plans E-Commerce Makeover

Do profitable brick-and-mortar stores need e-commerce? Costco Wholesale thinks so. The country's second-largest retailer has announced plans to overhaul its e-commerce operations, according to a recent report in the Seattle Times. Costco.com already does $2 billion in online sales, but feels like it's falling behind competitors like Amazon and Walmart. "The stakes are very high. The growth of e-tail is far sharper than the growth of retail in general,...read more >>