Abstract
Key Facts
Costco Wholesale celebrated its 25th anniversary in 2001, tracing its history from the 1976 founding of San Diego-based Price Club, with which Costco merged in 1993, to today's company, the leader in membership-based wholesale warehouse sales.
Costco has positioned its stores to not only attract a higher-end customer but also to offer high-quality, high-value products at very attractive prices. It does this through strong vendor relationships and an item-focused strategy that gives it economies of scale in purchasing.
Costco Wholesale Corporation operates exclusively in…