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Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box retail stores (warehouse club). As of 2020, Costco was the fifth largest retailer in the world, and the world’s largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016.
Costco Logo Black and White Free
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Costco Logo Black and White
Founded by James (Jim) Sinegal and Jeffrey Brotman, Costco opened its wholesale warehouse in Seattle, Washington, on September 15, 1983. Sinegal had started his business in retail distribution by working for Sol Price at both FedMart and Price Club.
Costco was the first company to grow from zero to $3 billion in sales in less than six years. In the fiscal year ended August 31, 2009, the company’s total sales totaled $71.42 billion, with a net profit of $1.09 billion.
In 2010 Costco’s position was on the order of 25 in the Fortune 500. ACSI (American Consumer Satisfaction Index) ranked Costco as the number one retail store specialist company with a score of 83 in the 4th quarter of 2008.