No longer will you need a pickup truck to successfully shop at Costco.
The big-box store just launched CostcoGrocery, which will provide two-day delivery on dry goods. The two-day window makes it kind of like Amazon Prime—except you can probably get a better deal on a year’s supply of toilet paper. Delivery is free for online orders over $75.
Along with its two-day delivery service, Costco expanded a partnership with Instacart for same-day delivery on all kinds of products carried at the superstore.
Interestingly, Costco’s stock fell 6 percent after it announced its delivery plans. The store has always thrived because people spend more when they enter a giant warehouse like Costco in person. Investors worried Costco’s margins would suffer after the company acknowledged the growing competition it faces from grocery players like Amazon by launching its delivery options.
But for customers, it’s good news. Time to order enough Kirkland-brand pretzels to last until 2019.
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