Costco operates in a very similar way to the price club. Price Club was founded by Sol Price Company in San Diego, California, USA on 1976. The operating characteristics of the two companies are to provide high-quality goods at low prices, and there are fewer commodity projects than their peers. At the same time, both companies charge small annual fees to their members and successfully cater to the preferences of small business owners.
1997 10, the two companies were formally merged into PriceCostco Company, and later renamed Costco Wholesale Company on August 30th, 1999.
1994 10 set up the first store in Asia in Seoul, Korea.
1997 1 A joint venture with Taiwan Province Datong Group (parent company of Datong Department Store) was introduced to Taiwan Province Province, and the first store in Taiwan Province Province was located in Kaohsiung. At present, there are five branches in Taipei, Kaohsiung and Taichung, and the sixth branch is expected to open in Hsinchu in 2009. Costco is currently the only discount store in Taiwan Province Province that charges membership fees. The membership fee is NT$ 65,438+0, 200 yuan.
1998 opened the first store in Japan in Fukuoka.