What is Costco Wholesale Corporation's business focus and history?

Costco Wholesale Corporation is a publicly traded company based in Issaquah, Washington, founded in 1983 by James Sinegal and Jeffrey Brotman. It operates as a membership-only warehouse club, offering a wide selection of merchandise at discounted prices. As of 2023, Costco reported revenues of $242.29 billion and employed approximately 341,000 individuals. The company has expanded globally, with offices in cities such as Toronto, Mexico City, Tokyo, and London. In January 2024, Ron Vachris succeeded W. Craig Jelinek as CEO. Recent initiatives include implementing membership scanners to curb sharing and expanding warehouse locations in Spain, surpassing €500 million in sales.

Costco Wholesale Corporation Corporate Details & Core Services

Costco Wholesale Corporation is an American multinational corporation that operates a chain of membership-only warehouse clubs, offering a wide selection of merchandise at discounted prices.

Costco Wholesale Corporation Contact Information & Official Links

Website https://www.costco.com/
Social          
Email id customer.service@costco.com
Phone number +1 425-313-8100
Head office address Issaquah, Washington, United States
Tags Retail Wholesale Membership Club

What are Costco Wholesale Corporation's Key Business Metrics & Stats?

No of employees 341000
Founded year 1983
Type public
SAICS CODE 5311
NAICS Code 452910
Industry Retail
Location Issaquah, Washington, United States
Stock Name COST (NASDAQ)
Pricing Strategy Gold Star Membership: $65/year, Executive Membership: $130/year
Costco Wholesale Corporation COST (NASDAQ) Firmographic Snapshot 2026 1983 Founded Year 341000 Global Employees United States Headquarters Retail Industry Public Type Verified by DexterAgent.ai

How much funding has Costco Wholesale Corporation raised to date?

Name Description
Latest Valuation 400 Billion (USD)

What are Costco Wholesale Corporation's Core Products?

Name Description
Kirkland Signature Costco's private label brand offering a wide array of products.
Costco Travel Travel services including vacation packages, cruises, and rental cars.
Costco Auto Program A program offering prearranged pricing on new and select pre-owned vehicles.

What are the latest developments at Costco Wholesale Corporation?

Date Type Description
January, 2024 CEO Transition Ron Vachris succeeded W. Craig Jelinek as CEO in January 2024.
August, 2024 Membership Policy Implemented membership scanners at entrances to curb sharing.
September, 2024 Expansion Opened new warehouses in Spain, surpassing €500 million in sales.

Costco Wholesale Corporation VS Sam's Club VS BJ's Wholesale Club : 2026 Comparison

Feature Costco Wholesale Corporation Sam's Club BJ's Wholesale Club
Core Strengths Kirkland Signature, Costco Travel, Costco Auto Program Member's Mark Wellsley Farms, Berkley Jensen
Founded Year 1983 1983 1984
Stock Name/Ticker COST (NASDAQ) WMT (NYSE) BJ (NYSE)
Type public public public
Global Employees 341000 100000 32000
Revenue (Annual) $242.3 Billion(2023) $90.2 Billion(2025) $19.5 Billion(2023)
Headquarters Issaquah, Washington, United States Bentonville, Arkansas, United States Marlborough, Massachusetts, United States
Latest Valuation $400 Billion $0 $14 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Sam's Club 90.2 | 100000 BJ's Wholesale Club 19.5 | 32000 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Costco Wholesale Corporation
Cin number
GST number
Registration number

Who is in Costco Wholesale Corporation's executive leadership team?

Name Designation
CEO Ron Vachris
Chairman Hamilton E. James

Where are Costco Wholesale Corporation's primary office locations?

City Country
Issaquah United States
Toronto Canada
Mexico City Mexico
Tokyo Japan
London United Kingdom

What are the current business signals and market intelligence for Costco Wholesale Corporation?

Spending next 3 months Expansion of warehouse locations, Enhancement of e-commerce platform
Pain points Membership fee increases, Competition from other wholesale clubs
Sales motion Membership-based sales, Bulk purchasing
Buyer Persona Cost-conscious consumers, Small business owners
Type of customer Individual consumers, Small businesses
Key customer domain

What is Costco Wholesale Corporation's annual revenue history?

Year Revenue (USD)
2023 242.3 Billion

What are Costco Wholesale Corporation's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 4
Glassdoor Rating 3.9

What are Costco Wholesale Corporation's business model and service classifications?

Saas No
Offline Stores Yes
Service Yes
Ecommerce Yes
Exporter Yes
Mobile App Yes
Retail Yes
B2B Yes
B2C Yes
Manufacturing No
Wholesale Yes
Importer Yes
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