Costco: Savings Galore In This Warehouse Club

Costco is a warehouse club based in the United States. It’s the largest warehouse club in the country, with gross sales totaling almost $72 billion dollars. Warehouse clubs in America have been compared to the European model of consumer cooperatives. Warehouse clubs offer a wide variety of products, ranging from food to clothing to electronics, at discounted prices. Most clubs require paid yearly membership. This membership is what allows customers to shop in the warehouse retail stores, which are available throughout the country.

Costco was founded in Kirkland, Washington, in 1983, and is currently headquartered in Issaquah, Washington. Kirkland is a familiar name to consumers because Costco uses it on its private label items. Costco merged with Price Club in the 1990s, and continues to expand in the 21st century.

Unlike some other warehouse clubs, Costco tends to offer fewer choices when it comes to brands, but it makes up for this by selling at deep discounted prices. Their Kirkland private label brand is also highly marketed and regularly sells out.

Costco builds huge warehouse structures for their retail locations, many of them with extensive skylight usage. This enables Costco to save money by cutting down on electricity used to power lights. Many of the products are displayed on the pallets they arrived on. There is no carpeting in their retail locations, just cement flooring.

In some states Costco is allowed to sell gasoline and liquor. These can be bought at a discount by members of the warehouse club. Costco also offers its own credit card as well as cash cards. For gasoline sales, no cash is accepted. The customer must use a debit or credit card, or a Costco cash card, in order to fill up.

Costco allows online shopping for its members. This allows easy access for folks who don’t live close to a Costco retailer. Their website has seen increased usage over the past five years.

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