About the Company
Costco Wholesale Corporation (commonly shortened to Costco) is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. As of 2023, Costco is the third-largest retailer in the world and is the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016. Costco is ranked #11 on the Fortune 500 rankings of the largest United States corporations by total revenue. Costco uses a club warehouse wholesale retailer channel of distribution while also selling their private label brand directly to consumers. Costco's worldwide headquarters are in Issaquah, Washington, an eastern suburb of Seattle, although its Kirkland Signature house label bears the name of its former location in Kirkland. The company opened its first warehouse (the chain's term for its retail outlets) in Seattle in 1983. Through mergers, however, Costco's corporate history dates back to 1976, when its former competitor Price Club was founded in San Diego, California. As of February 2024, Costco has 871 warehouses worldwide: 602 in the United States, 108 in Canada, 40 in Mexico, 33 in Japan, 29 in the United Kingdom, 18 in South Korea, 15 in Australia, 14 in Taiwan, six in China, four in Spain, two in France, and one each in Iceland, New Zealand, and Sweden.
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Latest $COST News
Costco may be sitting on gold with its new business
Wells Fargo suggests investors pay attention to Costco's precious metals business, as the retailer's gold and silver ...
Costco starts work on store in Prosper, where officials welcome 'huge anchor' for growing town
"The development of Costco is just the beginning of the continued commercial development of Prosper," Mayor David Bristol ...
Costco boosts its dividend by 14% while touting sharp rise in e-commerce sales
Costco also is boosting its quarterly dividend to $1.16 a share from $1.02 a share, which marks an increase of nearly 14%.
Costco to expand West Broad store, double number of fuel pumps
The wholesale giant is planning an expansion to the rear of the store as well as a relocation of the fuel pump station and ...
Costco relocation approved in Fresno. New site is $98 million investment, company says
Costco Wholesale has won a green light from the Fresno City Council to relocate its existing West Shaw Avenue store to a new, ...
Costco in Fresno will be among biggest in the world
Costco mega fans in California are in for a treat after plans were finally approved to build one of the world's largest ...
Act Fast: Get $20 or $40 Back on a New Costco Membership
New Costco members can get a huge bonus on their first membership. Learn how to get cash back using this lucrative promotion.
The Zacks Analyst Blog Highlights Costco Wholesale, NIKE, Fiserv, UnitedHealth and America Movil
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research ...
Costco takes on rival Trader Joe's by offering popular frozen dish for sale
Costco is expanding its frozen dish section with kimbap, the product's manufacturer has confirmed. A similar item has been ...
4 Ways to Save More Than Your Costco Membership Fee in One Trip
Paying to save money may seem counterintuitive. Read on to find out how to make a Costco membership immediately worth the ...
The perks offered to Costco, BJ's Wholesale and Sam's Club members
Costco, BJ’s Wholesale and Sam’s Club all grant entry into their warehouse locations with paid memberships. FOX Business ...
Costco customers race to buy $2,000 gold bars - as company racks in £100 million in monthly sales
Wholesale supermarket Costco has been selling bars of gold on its website for around $2,000 - as customers refresh their ...
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