Costco proves why it's Amazon-proof as stores like Target and Macy's struggle - Business Insider

Target joined the lineup of retailers to report weaker-than-expected holiday sales numbers on Wednesday. breaking its eight-quarterWhile analysts weren't ready to sound the alarm just yet, its results stood in stark contrast to another one of retail's top players — Costco, indicating that the warehouse chain really is one of the few players that has managed to stave off the threat of Amazon.

When compared to its brick-and-mortar peers — Macy's, Kohl's, and, most recently, Target — these numbers look out of place, but they're proof that Costco's unique business model and shopping experience are paying off with customers. "Members trust that they are going to get a good deal on whatever they buy," Timothy Campbell, a director at Kantar Consulting, told Business Insider. "I think the fact that it has been doing that for decades has enabled it to withstand the online onslaught."

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Has Amazon Already Figured Out the Future of the Music Streaming Business?In order to grow, streaming services may need to offer customers more, better, and cheaper subscription options — something Amazon is already doing maybe. but if not they will wait for someone else to then buy them out Que se lance para presidente para que siga ganando dinero el cañón este. It’s going to be interesting if amazon can grab market share from Spotify. How do you think they will go about it?
مصدر: RollingStone - 🏆 483. / 51 اقرأ أكثر »