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by jonknee 3096 days ago
If Amazon is going to make a high dollar retail acquisition, I think Costco makes a lot more sense than Target. True warehouse stores that could be used for distribution, high income customers who don't mind paying a subscription fee and it is already headquartered in the Seattle area.
3 comments

Costco would be almost 3 times the cost, using market cap as a basis.
Much less coverage as well. Not to mention different philosophies.
i want this just to see how the company cultures would clash...
That's a good point. They treat their retail/warehouse employees very differently.
And considering Costco's international presence and their emphasis on employee treatment, I doubt they'd even consider selling to Amazon.
That's not how it works with public companies. Management can refuse an offer, but the shareholders are the ones who really get to decide and Costco is majority owned by institutional investors. If the numbers look good there is nothing management can do.