Costco brings big and bulky delivery in-house with $1B acquisition

The retailer has contracted out large-parcel deliveries to Innovel over the past five years. But as its main client, Sears, began to decline, Costco saw an opportunity to buy.

Costco brings big and bulky delivery in-house with $1B acquisition
Source image: Supply Chain Dive

The retailer has contracted out large-parcel deliveries to Innovel over the past five years. But as its main client, Sears, began to decline, Costco saw an opportunity to buy.

This news brief is based on reporting published by Supply Chain Dive on 2020-03-18. The original report is linked below.

Original source

Supply Chain Dive

https://www.supplychaindive.com/news/costco-big-and-bulky-delivery-in-house-with-1b-acquisition/574357/

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