FORT_1170x120_9-15-20

Costco

Amazon tops Kantar, WPP ranking of retail brands

Amazon tops Kantar, WPP ranking of retail brands

LONDON — Internet giants Amazon.com and Alibaba top the this year’s BrandZ ranking of the “75 Most Valuable Global Retail Brands,” which was released Thursday by Kantar and WPP. The report, which was launched in conjuction with the World Retail Congress, found that the value of the world’s top 75 retail brands has grown 12% —

Costco acquires logistics company

ISSAQUAH, Wash. — Costco Wholesale Corp. last month made a $1 billion deal to bolster its e-commerce operations, acquiring Innovel Solutions, a logistics firm specializing in the storage and delivery of big and bulky items. The move is seen as helping Costco support online sales of such products as furniture, large appliances, fitness equipment and

Costco buys logistics firm for $1 billion

Costco buys logistics firm for $1 billion

ISSAQUAH, Wash. — Costco Wholesale Corp. has acquired Innovel Solutions, a logistics firm specializing in last-mile delivery and installation services, for $1 billion. The move is seen as helping Costco support online sales of such products as furniture, large appliances, fitness equipment and big-screen televisions. Innovel has for decades provided Sears and, more recently, third