Costco Wholesale Corporation (NASDAQ: COST), simply known as Costco, is the largest membership warehouse club chain in the United States. As of July 2009 it is the third largest retailer in the United States and the ninth largest in the world. As of October 2007, Costco is the largest retailer of fine wine in the world.
Costco is headquartered in Issaquah, Washington, United States and was founded in Kirkland, Washington with its first warehouse ...
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Costco Wholesale Corporation (NASDAQ: COST), simply known as Costco, is the largest membership warehouse club chain in the United States. As of July 2009 it is the third largest retailer in the United States and the ninth largest in the world. As of October 2007, Costco is the largest retailer of fine wine in the world.
Costco is headquartered in Issaquah, Washington, United States and was founded in Kirkland, Washington with its first warehouse in nearby Seattle. They have locations in the United States, Australia, Canada, Mexico, Taiwan, South Korea, Japan, and the United Kingdom.
Founded by James (Jim) Sinegal and Jeffrey Brotman, Costco opened its first warehouse in Seattle, Washington, on September 15, 1983. Sinegal had started in wholesale distribution by working for Sol Price at both FedMart and Price Club. Brotman, an attorney from an old Seattle retailing family, had also been involved in retail distribution from an early age.
In 1993, Costco merged with Price Club (called...
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