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Costco's Business Model

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Costco's Business Model
Costco is the second largest retailer in the United States, the world’s seventh largest retailer and which is the largest membership-only warehouse club in America. It is selected the world’s largest 500 companies in the 52nd list by “Fortune” magazine in 2015. Costco has more than 500 stores in seven countries, most of them are located in the United States. Canada is the largest foreign market, near the capital Ottawa. Costco has defined its business model as a very low-cost provider with quality goods and services. Based on this model, Costco management has designed, developed and implemented different strategies that they allow to Costco to have a very important growth rate in market share, sales, members, balances,
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