“Amazon is an extraordinary company. The former bookseller accounts for more than half of every new dollar spent online in America. It is the world’s leading provider of cloud computing. This year Amazon will probably spend twice as much on television as HBO, a cable channel. Its own-brand physical products include batteries, almonds, suits and speakers linked to a virtual voice-activated assistant that can control, among other things, your lamps and sprinkler.” And one of the company’s big advantages is that investors are willing to let it get bigger and bigger without worrying too much about profits. The Economist: Amazon, the world’s most remarkable firm, is just getting started.

+ “Costco is the world’s largest seller of choice and prime beef, organic foods, rotisserie chicken, and wine (!), and it moves more nuts than Planters. Its private label, Kirkland Signature, which sells everything from packaged goods and beverages to apparel, generates more revenues than the Coca-Cola Co.” Fortune on the magic in the warehouse.