Costco Wholesale Corporation, simply known as Costco is an American multinational corporation with its warehouse operating in more than 10 countries. It is a multibillion-dollar global retailer that runs a chain of membership-only stores. Its worldwide headquartered is located in Issaquah, Washington. Costco opened its first warehouse in 1983. It is recognized as a leader in the retail field because of its commitment to deliver quality and excellent business ethics. Despite, its large size and expansion, it continues to thrive and grow. Costco is the fifth largest retailer in the world, as of 2020.
Costco has the major strength of stocking high-quality items, which are sold to its customers in bulk sizes thereby maintaining low prices. Costco has built itself a large and loyal customer base of over 5 million cardholders, which is growing every year. Its business model allows members to shop exclusive products. Costco also runs the 14th largest pizza chain all across the US, with over 700 different locations. According to Forbes, Costco has held the record as America√¢‚Ç¨‚Ñ¢s best employer for many years in a row. Since Costco offers great pay to its employees; they are service-oriented and always work for meeting the needs of their customers.