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What is Costco Wholesale?

Costco Wholesale Corporation operates an international chain of membership warehouses, mainly under the "Costco Wholesale" name, that carry quality, brand-name merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources.

Is Costco a members-only company?

Costco serves a range of customers through its network of wholesale warehouses. As a members-only service, the Company refers to its customers as members. Costco offers two principal categories of membership: Gold Star Memberships, for individual consumers seeking to benefit from the Company’s low prices; and

What is Costco and how does it work?

Costco aims to provide goods and merchandise at wholesale prices to its paying members – both individuals and business, as well as various member services and online services Costco was established in its current form by way of a merger between two wholesale memberships clubs: Price Club and Costco.

When did Costco change its name to Costco Wholesale?

It changed its name form Costco Cos., Inc. to Costco Wholesale Corp. on August 30, 1999. The company was founded in 1983 by James D. Sinegal and Jeffrey H. Brotman and is headquartered in Issaquah, WA.“ The company’s first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego.

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