The Costco Connection
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Costco headquarters in Issaquah, Washington
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| Public | |
| Traded as |
NASDAQ: COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
| Industry | Retail |
| Predecessor | Price Club |
| Founded | July 12, 1976 (as Price Club) San Diego, California September 15, 1983 (as Costco) Seattle, Washington |
| Founders |
James Sinegal Jeffrey Brotman |
| Headquarters | Issaquah, Washington, United States |
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Number of locations
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741 warehouses (2017) |
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Area served
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United States, Canada, Mexico, United Kingdom, Japan, South Korea, Taiwan, Australia, Spain, Iceland, France |
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Key people
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Jim Sinegal (Founder) Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO) |
| Brands | Kirkland Signature |
| Services |
Merchandise Cash & Carry Warehouse club |
| Revenue |
 US$129.0 billion (2017) |
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US$4.111 billion (2017) |
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US$2.679 billion (2017) |
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| Total assets |
US$36.35 billion (2017) |
| Total equity |
 US$11.08 billion (2017) |
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Number of employees
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231,000 (2017) |
| Website | www |
Costco Wholesale Corporation, trading as Costco, is an American multinational corporation which operates a chain of membership-only warehouse clubs. As of 2015[update], Costco was the second largest retailer in the world after Walmart, and as of 2016[update], Costco was the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine.
Costco's worldwide headquarters are in Issaquah, Washington, but the company opened its first warehouse in nearby Seattle in 1983. Through mergers, Costco's corporate history dates back to 1976, when its former competitor Price Club was founded in San Diego, California. As of September 1, 2017[update], Costco had a total of 741 warehouses; In the United States (514), Canada (97), Mexico (37), United Kingdom (28), Japan (26), South Korea (13), Taiwan (13), Australia (9), Spain (2), Iceland (1) and France (1).
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