Walmart, the nation’s largest retail chain, is about to be bought by Costco &Co. for $3.5 billion, or $13.1 billion in total.
This deal is expected to be completed within the next several weeks.
This is a good news for everyone who needs to have their furniture or electronics replaced.
The deal is for about $11 billion, which is $3 billion less than the $16.9 billion that the company had originally expected.
And with this deal, Walmart can now focus on building its own brands, including online, and will have the power to get better deals.
But there is a downside to this deal.
is the third-largest retailer in the country.
That’s right, Costco is the second-largest.
Its competitor is Walmart, which, in its own way, has been an important part of Walmart’s success.
Costco, however, has not been able to keep up with Walmart’s growth.
Since its inception in 1998, Walmart has increased its market share by almost a factor of 10 every year.
With Walmart in decline, Walmart’s market share has declined by an even larger factor, and Costco is just one of the companies that Walmart has struggled to compete with.
In addition to being the third largest retailer in America, Walmart is also the largest supplier of household appliances.
For example, Walmart currently makes almost 60% of the household appliances in the United States.
At the same time, Walmart also dominates the global home appliance market.
Therefore, this deal is also a good opportunity for Costco.
As Walmart’s stock continues to plummet, Costco’s stock is also going up.
As a result, the stock of Costco is expected by some analysts to reach $20.75 in a few weeks, according to Bloomberg.
There is no word on how much the deal is worth, but it will be an amazing deal for everyone.