Reports: Costco looks to grow sales online

5/7/2012

NEW YORK — Club retailer Costco Wholesale is looking to grow its online retail presence, according to published reports.


According to The Seattle Times, the company plans to introduce apps for Apple and Android devices this month in order to boost its online sales, which, at about $2 billion a year, are behind companies like Walmart and Amazon.


Citing industry statistics, The Seattle Times reported that Costco ranked 17th among online retailers, while Amazon had the top spot, and Walmart was fourth.

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