Costco Wholesale, long the largest customer of shipping operator Innovel Solutions, bought the company from the parent of Sears and Kmart stores for $1 billion in cash.
Costco Buys Innovel Solutions From Parent of Sears, Kmart Stores for $1 Billion
Deal Allows Retailer to Get Into Bulky Delivery Business, Gives Transform Holdco Another Lifeline
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