Costco Wholesale Corporation is a membership-only warehouse club that provides a wide selection of merchandise. As of July 2012, it is the second largest retailer in the United States, the seventh largest retailer in the world and the largest membership warehouse club chain in the United States.

Costco is headquartered in Issaquah, Washington, United States and was founded in 1976 in San Diego, CA with its first warehouse in Seattle. Today
Costco has a total of 626 locations in the United Kingdom (23), Australia (3), Canada (85), Mexico (33), Taiwan (9), South Korea (9), Japan (15), and the United States(449).

In the United States, the main competitors operating membership warehouses are Sam’s Club and BJ’s Wholesale Club. Although Sam’s Club has more warehouses than Costco, Costco has higher total sales volume. Costco employs about 173,000 full and part-time employees. As of February 2013, Costco had 68.2 million members.

Costco was the first company to grow from zero to $3 billion in sales in less than six years. For the fiscal year ending on August 31, 2012, the company’s sales totaled $97.062 billion, with $1.709 billion net profit. Costco is 24th on the 2012 Fortune 500.

Source: www.wikipedia.org

If you are interested in knowing more about the company, its statements, products, and special offers or discounts, please visit www.Costco.com
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