The Sales per square feet of Costco Wholesale Corp in United States of America reached USD 399.95 in 2020
The indicator recorded a historical growth (CAGR) of 3.44% between 2017 to 2020
The Costco Wholesale Corporation has its headquarter established in the United States of America.
Costco Wholesale Corporation (Costco or 'the company') operates an international chain of membership warehouses. The company offers a limited selection of nationally branded and private-label products across a wide range of merchandise categories, including foods and sundries, hardlines, fresh foods, soft lines, and other (gas stations and pharmacy), at lower prices. The company classifies its business operations into three segments, classified based on geographical presence. It markets its products through the Kirkland Signature brand. Costco has business operations in the US, Puerto Rico, Canada, the UK, South Korea, Taiwan, Iceland, France, China, Japan, Mexico, Spain, and Australia. The company is headquartered in Issaquah, Washington.
Business Description
Costco Wholesale Corporation (Costco or 'the company') operates membership warehouses. The company has a business presence across several countries, including the US, Canada, Mexico, Puerto Rico, the UK, Korea, Taiwan, Spain, Japan, and Australia. The company offers nationally branded as well as private-label products in a wide range of product lines at low prices.
Costco offers products under four major categories: Foods and Sundries, Non-Foods, Fresh Foods, and Warehouse Ancillary and Other Businesses.
Through, the Warehouse Ancillary and Other Businesses category, the company offers gasoline, pharmacy, optical, food court, hearing aids, and tire installation and e-commerce, business centers, travel, and others. In FY2021, the Warehouse Ancillary and Other Businesses category accounted for a significant share of the company’s total revenue.
Costco earns revenues through membership fees. Costco offers two types of memberships: Business and Gold Star. Its business membership is offered to all businesses, including individuals with a business license, retail sales license, or other evidence of business existence. Business members can add additional cardholders by paying an annual fee. Individual memberships or the Gold Star memberships are available for individuals to purchase products for personal use. Gold Star members cannot add additional cardholders. The membership fees vary by country in its other international operations.
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