Costco Wholesale Corporation is a membership-only warehouse club from the USA. The first price club warehouse was opened in 1976, thus the new concept of the ‘retail warehouse club’ was established. And then Costco opened its first warehouse in 1983 in Seattle. As to the consumer goods industry, there exist numbers of competitors, such as Sam’s Club, Walmart and Target. Up till now, it has already had almost 85 million members. The attraction of Costco is the offer of a great variety of goods. As people said that you even can find a luxury diamond ring in the store. Also, the merit of the low price, they do this by keeping the products for a period of time, and then they will offer the discount. Moreover, Costco sells products at a really high
