Costco Wholesale

In: Business and Management

Submitted By stefanmeyer
Words 347
Pages 2
Costco Wholesale Corporation Costco is open to the public and also features privately owned brands like Kirkland signature. Costco Wholesale Corporation is a membership-only warehouse club and is the second largest retailer in the United States, the seventh largest retailer in the world and the largest membership warehouse club chain in the United States. Costco employs 126,929 full and part-time workers in the United States, and 185,207 full and part-time employees worldwide. Costco offers lower prices and better values buying in bulk from wholesalers. At the Costco I work at, we run a tight operation with extremely low overhead which enables us to pass on savings to our members. Coupons are a huge part of our sales, as pamphlet books are mailed to our member’s households every other week. Costco's warehouse is one of the largest and most select product category selections to be found under a single roof. Categories include groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, housewares, apparel, health and beauty aids, tobacco, furniture, office supplies and office equipment. Costco is known for carrying top quality national and regional brands, with 100% satisfaction guaranteed, at prices consistently below other wholesale or retail outlets. Costco’s main competitor is Sam’s Club and any other wholesale retailers, grocery stores, or supermarkets. There are currently 71.2 million cardholders in the world and of these cardholders there are 39.0 million households who own a membership. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Costco Wholesale Industries operates manufacturing businesses, including special food packaging, optical laboratories, meat processing, tire…...

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