Amazon's Prime membership is eating into Costco and Sam's Club's territory (AMZN, WMT, COST)

Business Insider
By Eugene KimSep 26, 2016, 3:04 pm350 pts
Amazon's paid membership program Prime is rapidly growing its footprint — and it could be doing so at the expense of traditional warehouse club brands like Costco and Sam's Club. According to a note published by Cowen & Co. on Monday, the percentage of US households that only pay for Prime membership has…

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