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What Does It Mean That Costco Is Using Groupon to Discount Its Memberships?


What Does It Mean That Costco Is Using Groupon to Discount Its Memberships?

In this MarketFoolery segment, host Chris Hill, Million Dollar Portfolio's Jason Moser, and Stock Advisor Canada's Taylor Muckerman dip into the Fool mailbag and find a question about a marketing promotion. Costco (NASDAQ: COST) may have a minor worry based on Amazon's purchase of Whole Foods. And it may be headed toward less aggressive growth. But using Groupon (NASDAQ: GRPN) to attract some new members isn't necessarily a bad idea.

A full transcript follows the video.

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Source: Fool.com

Costco Wholesale Stock

€789.60
-0.800%
Costco Wholesale shows a slight decrease today, losing -€6.400 (-0.800%) compared to yesterday.
The stock is an absolute favorite of our community with 72 Buy predictions and no Sell predictions.
As a result the target price of 828 € shows a slightly positive potential of 4.86% compared to the current price of 789.6 € for Costco Wholesale.
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