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
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
What are Costco Wholesale Corporation's official legal and registration details?
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
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