Is Amazon Going After Costco Next?

The following video is from Friday's edition of Investor Beat, in which host Chris Hill and Motley Fool analyst Charly Travers dissect the hardest-hitting investing stories from the market today.

There are unconfirmed reports swirling in the rumor mill that (NASDAQ: AMZN  ) has its eye on creating a packaged-goods business, known as Amazon Pantry. Should companies like Costco (NASDAQ: COST  ) or Wal-Mart (NYSE: WMT  ) , with its Sam's Club business, be deeply concerned on this news? In this segment, Charly discusses why he sees this as a natural extension of Amazon's business, and why Costco and Wal-Mart will need to be following this story very carefully.

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  • Report this Comment On December 14, 2013, at 10:07 PM, mike2aces wrote:

    I submit that it's time to lose the love affair with Bezos and Amazon. I have been boycotting Walmart for years. I object to their personnel issues. Amazon is just as bad. Their pickers are hooked up to computers that time and grade their every move. All day. For the most measly of pay. I am not rich, but I am not poor enough to need to subsidize these 21st century wage-slavers.

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