Costco Not Rushing Into Ecommerce

Supermarket News, Friday, December 13, 2013 8:01 AM
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Costco on Wednesday said it is observing what the possibilities are on e-commerce, including home delivery. "E-commerce is certainly an important component of what's out there and what's growing, and as a retail competitor, we recognize it's part of the landscape," Richard Galanti, EVP and chief financial officer, told industry analysts during a conference call. "But we're very much a brick-and-mortar company, with 97%-plus of our business done in-store, not online. People actually do like to go out and shop."

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