Costco’s business is increasingly living beyond the doors of its core warehouses.
During its fiscal fourth-quarter and full-year earnings call on Thursday, Costco CEO Ron Vachris said that digitally-enabled sales — which include sales from third-party delivery platforms — exceeded $33 billion dollars during the fiscal year, and grew more than 20%.
Partnerships with delivery platforms have been key to fueling this digital growth. In the U.S., Costco has announced within the past month that members will now be able to get delivery nationwide through both DoorDash and Uber Eats. Customers have to enter their membership number at checkout to prove they are a Costco member.
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