Worried About Costco's Business Over the Long Term? You'll Want to See This Stat.

There's good reason to believe this warehouse retailer will still be thriving in 10 years.On a typical Friday evening in the 1990s, vast numbers of families in the U.S. paraded down to their local Blockbuster to pick up some weekend entertainment by renting a movie or a video game cartridge. The chain was a dominant force in its segment of the entertainment space. But as time went by, its management failed to react effectively to rising competition from companies offering first DVD rental by mail, and then ...