Background: Costco’s first location opened in 1976 in Moreno Boulevard, San Diego. Costco was originally named Price Club and later merged with Costco in 1993 by 1997 all the warehouses were renamed Costco Wholesale Warehouses. Costco was a small business but was very ambitious and thus expanded into warehouse clubs. Currently, Costco operates more than 663 warehouses and is a global powerhouse. Its total sales have surpassed $64 billion in recent years.
SWOT Analysis
Strengths: Costco offers a variety of products at competitive prices usually much lower than direct competitors. They have control over their volume purchasing and have efficient distribution centers that enable them to provide low …show more content…
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