Innovel: Costco acquires logistics company

ISSAQUAH, Wash. - Costco Wholesale Corp. last month made a $1 billion deal to bolster its e-commerce operations, acquiring Innovel Solutions, a logistics firm specializing in the storage and delivery of big and bulky items. The move is seen as helping Costco support online sales of such products as furniture, large appliances, fitness equipment andThe post Costco acquires logistics company appeared first on MMR: Mass Market Retailers.