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 Amazon.com (AMZN 3.48%) has its eye on creating a packaged-goods business, known as Amazon Pantry. Should companies like Costco (COST 1.08%) or Wal-Mart (WMT -0.03%), 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.