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Investing: The Costco advantage

from Chicago Tribune

Taking on Amazon seems foolhardy these days. The company is expanding so fast that it could gobble up more than half of online retail sales in the U.S. by 2021, according to brokerage firm Needham & Co. Yet even with Amazon raking in sales, some big retail chains are flourishing. One of the most successful is Costco Wholesale, which has homed in on a surprisingly effective way to keep Amazon at bay: selling food. more

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