Members-only warehouse selling a huge variety of items including bulk groceries, electronics & more.
With sales revenue of more than $60 billion, Costco Wholesale Corporation is one of the leading, international chains of membership warehouses in the world. Operating under the Costco trade name, its warehouses offer branded merchandise at lower prices than conventional wholesale and retail outlets. The members-only warehouse stores offer one of the largest product categories under a single...
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The company's first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego. Originally serving only small businesses, the company found it could achieve far greater buying clout by also serving a selected audience of non-business members. With that change, the growth of the warehouse club industry was off and running. In 1983, the...