Costco launches new services for its customers

Costco launches new services for its customers

Costco is preparing to compete with Amazon and Walmart, reports Business Insider.

On Thursday, one of the largest retail networks announced the launch of two new services.

Costco launches new services for its customers

The division now Costco Grocery offers delivery of products at home. Descobertas products such as biscuits, cereals, canned goods will be delivered directly to your front door within two days. But if order amount exceeds $ 75, the courier service will be free.

In addition, together with Instacart, the company also runs an Express delivery service of any food from the grocery Department. Customers will be able to get your online orders in one hour. At the moment, the service operates 376 of 515 branches of Costco in the United States.

It so happened that on the volume of Internet sales Costco lagged behind their main competitors are Walmart and Kroger. But now, as hoped, the company’s management, with the introduction of new delivery options they will be able to win the position. However, it is important that people still visited the shops, where buyers traditionally leave more money.

«There are people who prefer to touch products, and then decide whether to buy them,» says chief financial officer, Costco Richard Galanti on Thursday. «But we are going to develop online sales and delivery of goods. How can you increase sales if you do not provide the alternatives?».

In the last quarter of the Costco sales in the U.S. increased by 5.8%. The total income of the company amounted to 42.3 billion, while analysts had expected $41,63 billion.

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