Costco Wholesale Corporation

Costco Wholesale Corporation operates a multinational chain of membership-only warehouse clubs. It is known for offering an extensive selection of merchandise at highly competitive prices, driven by its unique business model that emphasizes bulk purchasing and efficient supply chain operations. Founded in 1983, Costco has expanded to become one of the largest retailers globally, providing a diverse array of products including groceries, electronics, apparel, furniture, and household items. The company also offers specialty departments and exclusive member services, such as gas stations, pharmacy, optical, travel, and food courts within its warehouse locations. Its membership model creates customer loyalty and provides a recurring revenue stream. Costco impacts various sectors, from retail and logistics to consumer staples, influencing market trends given its substantial purchasing power and expansive distribution network. With its headquarters in Issaquah, Washington, Costco plays a pivotal role in redefining the retail landscape through its commitment to customer satisfaction and cost efficiency, influencing industry standards across the globe.