COSTCO
WHOLESALE

Costco Wholesale Corporation was founded in 1983 in Seattle, Washington, by James Sinegal and Jeffrey Brotman. The company pioneered the warehouse club model, offering members access to quality products at competitive prices through a membership-based shopping experience. Today, Costco operates more than 800 locations worldwide, serving millions of members across the United States, Canada, Mexico, Japan, the United Kingdom, Australia, South Korea, Taiwan, China, and several European markets. Costco is known for its commitment to employee welfare, offering above-average wages and benefits, which has contributed to one of the lowest employee turnover rates in retail. The company's private-label brand, Kirkland Signature, was launched in 1995 and has grown to encompass hundreds of products spanning groceries, clothing, household goods, and more. Kirkland Signature is now one of the largest and most recognized private-label brands globally. Costco's business model relies on membership fees rather than high markups on merchandise, which allows the company to pass savings directly to members. The company has consistently ranked among the top retailers in the world and is frequently cited for its strong ethical standards, customer satisfaction, and community involvement. Costco is also a leader in sustainability initiatives, including reducing packaging waste, energy conservation, and responsible sourcing practices across its supply chain. The company remains committed to supporting local communities through donations, disaster relief efforts, and partnerships with nonprofit organizations. Costco's unique culture, combined with its focus on quality and value, has earned it a loyal following among consumers and a respected reputation in the business community worldwide.