- USA Today reports Amazon (AMZN) is prepping a service that will allow Prime subscribers to place as many consumer goods items as they wish into a set-sized box, provided a weight limit isn't exceeded.
- Sources state the service, called Pantry, will launch next year, feature a small shipping fee, and initially support ~2K items "typically found in the center of grocery stores." It would act as new competition for bulk consumer goods sellers such as Costco (COST) and Sam's Club (WMT).
- Amazon appears intent on grabbing a larger share of grocery and consumer packaged goods spending. The company is in the midst of rolling out its AmazonFresh same-day/grocery delivery service in major U.S. metro areas, and its Quidsi unit has rapidly expanded into many consumer/household goods markets.
Amazon reportedly taking on Costco, Sam's with bulk goods service
Dec 12 2013, 17:00 ET