Over the last several years, Costco has seen a yearly increase in its global net sales, rising from ***** billion U.S. dollars in 2014 to ***** billion U.S. dollars by 2024. Costco has made a name for itself worldwide as a members-only wholesale retailer with warehouse style stores. Costco in the U.S. Costco opened its first warehouse in Seattle, Washington in 1983 and has since expanded to become one of the most respected and valuable retailers in the United States and worldwide. Among the top three mass market retailers in the United States: Walmart, Costco, and Target; Costco had the highest average sales volume per store, at *** million U.S. dollars as of 2023. Costco Customers Costco sets itself apart from many other mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. A 2023 survey found that the largest share of Costco’s American customer base is between the ages of 18 and 49 years. The company also prides itself in having the highest customer satisfaction rating of any department or discount store in the United States in 2023.
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In fiscal year 2024, Costco Wholesale Corporation's revenue by segment (products & services) are as follows: Food and Sundries: $101.46 B, Fresh Food: $34.22 B, Membership: $4.83 B, Non-Foods: $63.97 B, Other: $49.97 B.
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Costco Wholesale Corporation's annual revenue was $275.24 B in fiscal year 2025. The annual revenue increased $20.78 B from $254.45 B (in 2024) to $275.24 B (in 2025), representing a 8.17% year-over-year growth.
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In fiscal year 2024, the revenue per employee at Costco Wholesale Corporation was $764.12 K. The revenue per employee decreased by $2.62 K from $766.74 K (in 2023) to $764.12 K (in 2024).
costco.com, operated by Costco Wholesale Corporation, is an online store with nationally-focused sales. Its e-commerce net sales are generated almost entirely in the United States. With regards to the product range, costco.com is an all-round online store, with products on offer that cover different categories, such as “Toys, Hobby & DIY”, “Furniture & Appliances” as well as “Food & Personal Care”. The online store was launched in 1998.
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Costco is a Proprietary Company that generates the majority of its income from the Supermarkets and Grocery Stores industry.
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Economic volatility has a limited impact on warehouse clubs and supercenters because these retailers offer low-priced goods. When consumer sentiment is high, shoppers spend more time shopping and buying extra items. Conversely, when consumer sentiment is low, warehouse clubs and superstores draw a larger pool of consumers as households seek to cut expenses by buying in bulk for the future. Many of these retailers have been able to attract and retain more business by offering memberships and reward programs that disincentivize consumers from visiting the competition. Revenue for warehouse clubs and supercenters is expected to expand at a CAGR of 3.1% to $768.3 billion through the end of 2025, including a jump of 1.9% in 2025. Profit is expected to account for 2.7% of revenue in 2020, a dip from 2020 because of strong competitive forces and inflation. Online companies can undercut traditional warehouse clubs and supercenters' prices by taking advantage of lower operational costs. The brick-and-mortar warehouse clubs and supercenters incur higher operational costs than online-based businesses because they pay for high-traffic retail space and require employees for daily operations. Retailers are increasingly optimizing their online presence for mobile shopping. Walmart has introduced a competing service known as Walmart+, which costs $98.00 annually. Walmart+ provides members with unlimited free deliveries, fuel discounts and a more streamlined in-store shopping experience via the Scan & Go feature on the Walmart app. Although this service emphasizes increasing Walmart's e-commerce sales, the fuel discounts and access to the Scan & Go feature on the company's app will encourage in-store purchases. Warehouse clubs and supercenters' revenue will climb as the domestic economy surges. Consumer spending and corporate profit boosts encourage future revenue growth by prompting more consumers to buy club memberships and spend on bulk purchases. Consumption rates will continue to climb across the US, promoting strong foot traffic and these retailers that often sell products in bulk. Nonetheless, increasing online competition will continue to threaten the industry as retailers like Amazon expand their customer base. Revenue for warehouse clubs and supercenters is expected to strengthen at a CAGR of 2.0% to $849.1 billion through the end of 2030.
The online revenue of costco.is amounted to US$3.3m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
This timeline depicts Costco's revenue worldwide from 2014 to 2025. The company's global revenue was projected to grow steadily from ****** billion in 2018 to almost *** billion U.S. dollars in 2025.
The eCommerce activity of Costco de México S.A. de C.V. amounted to US$417m in 2024. Learn more about their online business including detailed eCommerce revenue analytics.
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Canadian Warehouse Clubs and Supercentres comprise stores that retail discount groceries and other basic goods, like appliances. These stores achieve cost savings by leveraging economies of scale, offering products in bulk or charging membership fees. The industry is less susceptible to economic volatility in response to the low-cost, high-value products offered by warehouse clubs and supercentres. However, businesses and consumers will spend more at these outlets when they have deeper pockets. The pandemic offered an additional opportunity as consumers flocked to warehouse clubs and supercentres, which encountered relatively little disruption because they were considered essential businesses. Revenue is expected to climb at a CAGR of 2.6% to $70.1 billion through the end of 2025, with an expected swell of 2.5% in 2025 alone. Volatile movements in the world price of crude oil have hampered gains despite overall revenue growth. Like Costco, many warehouse clubs and supercentres retail fuel at industry-relevant gas stations. As the price of crude oil grew, warehouse clubs and supercentres were forced to boost gasoline prices, discouraging consumers from driving as much. In addition, the gain in oil prices has hurt profitability, which is heavily affected by transportation costs and inventory costs. Since warehouse clubs and supercentres buy in bulk and source many of their goods from overseas manufacturers, they incur high transportation costs. Warehouse clubs and supercentres will continue expanding as consumer spending and the total population expand, providing additional sales of bulk purchases. However, the increasingly saturated market will promote stiff competition from online retailers. Online competition will pose the greatest threat to the industry as retailers like Amazon expand their consumer bases because of their convenience and ability to offer low prices. Warehouse clubs and supercenters will continue to invest in online shopping initiatives and technology to improve the consumer experience. Overall, revenue for warehouse clubs and supercentres is expected to expand at a CAGR of 2.3% to $79.1 billion through the end of 2030.
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The paid membership supermarket sector is experiencing robust growth, driven by increasing consumer demand for value-added services and exclusive discounts. This model offers significant advantages to both consumers and retailers. For consumers, memberships provide access to lower prices on everyday essentials, exclusive deals, and often additional perks like free delivery or early access to sales. For retailers, the membership model fosters customer loyalty, generating predictable recurring revenue streams and enabling data-driven inventory management. The market is segmented by application (online and offline sales) and product type (own-brand and purchased products), with significant variation in growth potential across these segments. Online sales are expected to witness faster growth due to increasing e-commerce penetration and the convenience factor it offers. Furthermore, own-brand products usually carry higher profit margins for supermarkets, encouraging investment in private label development within this model. Key players like Walmart, Costco, and Carrefour are strategically investing in enhancing their membership programs and expanding their reach globally, leading to increased competition and innovation in the market. The geographic distribution of market share is heavily influenced by factors such as consumer purchasing power, existing retail infrastructure, and cultural preferences for subscription services. North America and Europe currently dominate the market, although Asia-Pacific regions show substantial potential for growth given their rapidly expanding middle class and increasing adoption of online shopping. The forecast period (2025-2033) anticipates continued expansion, though the rate of growth may fluctuate depending on macroeconomic conditions, consumer spending patterns, and the success of new entrants into the market. The success of individual players will depend on factors like their ability to offer competitive pricing and benefits, effectively leverage data analytics to personalize customer experiences, and adapt to evolving consumer expectations. Factors such as economic downturns or changing consumer preferences for budget-conscious alternatives could pose challenges to the sector's sustained growth. Ongoing innovation in technology, such as personalized shopping experiences and optimized delivery systems, will be crucial for retailers aiming to retain a competitive edge in this dynamic market landscape.
In the fourth quarter of the 2020's financial year, Costco generated nearly 53.4 billion U.S. dollars in revenue, nearly nine billion dollars more than in 2019's last quarter.
In the fiscal year 2024, the operating profit of Costco Korea amounted to approximately ***** billion South Korean won. While the operating profit was fluctuating throughout the years, Costco Korea's sales revenue was continually increasing.
This dataset contains a list of sales and movement data by item and department appended monthly. Update Frequency : Monthly
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Walmart reports a rise in grocery revenue due to increased egg prices, driven by an avian flu crisis affecting poultry supply. Retailers adapt with new purchasing policies and surcharges to manage price pressures.
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Pharmacies and drug stores have endured moderate volatility in recent years. Retailers have benefited from a growing and aging population, as older consumers require medication to address chronic ailments, resulting in higher volumes of foot traffic. Similarly, the number of people with private insurance and public funding for Medicare and Medicaid has been on the rise, giving more people access to insurance and supporting demand for prescriptions, pharmacies' largest product segment. These trends, along with consumers increasingly prioritizing their health, have supported revenue gains, causing revenue to grow at an estimated CAGR of 1.1% to $609.6 billion through the end of 2025, including growth of 3.6% that year alone. Pharmacies have endured some challenges during this time, including heightened external competition from big-box stores and online-only pharmacies. With big-box stores offering consumers added convenience, pharmacies have expanded their services to offer some primary care services and grow delivery offerings. Many pharmacies and drug stores have invested in online platforms to service customers who prefer to shop online. The trend of online shopping will intensify in the coming years, and successful drugstores will be positioned to capitalize on the surge in demand. Pharmacies and drug stores have also focused on marketing personal care products, which often have higher prices, to capture additional revenue; however, unfavorable macroeconomic conditions directly harm these product lines because of their less-essential nature and higher access to substitutes. Pharmacies and drug stores will continue to benefit from the ongoing economic recovery, as cooling inflation encourages consumers to make more discretionary purchases like cosmetics and other personal care products. This growth will be fueled by the expansion of store services, including preventive care options and additional front-end offerings. As the number of insured individuals swells, many consumers will continue to fill their prescriptions because of the low out-of-pocket costs. As conditions for the industry improve, so will profit, rising along with revenue. Revenue is expected to climb at a CAGR of 2.6% to $692.0 billion through the end of 2030.
This statistic shows the top five large format value housewares retailers in the United States in 2018, by housewares sales. In 2018, Walmart had housewares revenue of **** billion U.S. dollars. Costco had the second highest housewares revenue of the large format value retailers in 2018, with ***** billion U.S. dollars.
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The global department store market, valued at $671.96 million in 2025, is poised for moderate growth over the forecast period (2025-2033). While a precise CAGR is unavailable, considering the competitive landscape and evolving consumer preferences, a conservative estimate of 3-5% annual growth seems reasonable. Key drivers include the ongoing shift towards omnichannel strategies, leveraging both online and physical stores to enhance customer experience. This includes investments in enhanced e-commerce platforms, personalized marketing, and seamless in-store and online integration. Furthermore, strategic partnerships and collaborations with smaller brands and designers allow department stores to offer unique and exclusive products, differentiating them from online-only retailers. However, the market faces challenges from the rise of e-commerce giants, shifting consumer preferences towards specialized retailers, and increased operating costs, particularly in maintaining physical store networks. The market is segmented by region (North America, Europe, Asia-Pacific, etc.), product category (apparel, cosmetics, home goods, etc.), and price point. Major players like Walmart, Costco, and Carrefour are adapting to changing market dynamics through innovative strategies such as personalized shopping experiences, loyalty programs, and data-driven inventory management. The competitive landscape is intense, with established players facing pressure from both e-commerce behemoths and fast-fashion retailers. Success will hinge on the ability to adapt to rapidly evolving consumer behavior, efficiently manage supply chains, and cultivate a strong brand identity that resonates with target demographics. The forecast period will likely witness a consolidation of the market, with larger players acquiring smaller chains to expand their reach and market share. Strategic investments in technology, logistics, and customer relationship management will be crucial for department stores to maintain competitiveness and ensure sustained growth. Focusing on experiential retail, fostering community engagement, and offering value-added services will play significant roles in shaping the future of the department store industry.
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The Food and Beverage Wholesaling revenue is forecast to drop at a compound annual rate of 4.4% over the five years through 2024 to reach a valuation of €1,691.0 billion, including an estimated dip of 3.8%, in 2024, while the average industry profit margin is expected to reach 4.8%. The COVID-19 pandemic has drastically affected Europe's food and beverage wholesaling industry. There's been a surge in grocery store sales due to a shift towards home cooking but a dip in catering service demand, resulting in higher food prices. Consumers have changed from buying in bulk to smaller packaged items, leading to increased production costs and squeezing wholesaler profit. The European Commission reported a severe 42% drop in the accommodation and food service sector's value in 2020 compared to 2019.
Wholesalers are enhancing their e-commerce operations to adapt to rising online shopping trends, particularly in the Netherlands, Denmark and Ireland. This is necessary to meet the fast delivery demands of online consumers, requiring better logistics and warehousing plans. Meanwhile, wholesalers in Belgium and Hungary face profitability challenges because of skyrocketing inflation, largely caused by the Russia-Ukraine conflict and supply chain disruptions.
The Food and Beverage Wholesaling revenue is forecast to grow at a compound annual rate of 2.2% over the five years through 2029 to reach a valuation of €1,888.4 billion. Wholesalers face potential threats as retailers and manufacturers aim to cut costs by bypassing them. Major UK supermarkets (like Morrisons and Asda) are sourcing locally, bypassing wholesalers. EIT Food, a food innovation community, draws attention to the increasing consumer demand for meat substitute food products across Europe due to rising health awareness. Over 60% of consumers in France, Spain, Germany and Italy actively seek alternatives to traditional animal farming. Therefore, wholesalers must improve their services and offer more value to maintain relevance.
Over the last several years, Costco has seen a yearly increase in its global net sales, rising from ***** billion U.S. dollars in 2014 to ***** billion U.S. dollars by 2024. Costco has made a name for itself worldwide as a members-only wholesale retailer with warehouse style stores. Costco in the U.S. Costco opened its first warehouse in Seattle, Washington in 1983 and has since expanded to become one of the most respected and valuable retailers in the United States and worldwide. Among the top three mass market retailers in the United States: Walmart, Costco, and Target; Costco had the highest average sales volume per store, at *** million U.S. dollars as of 2023. Costco Customers Costco sets itself apart from many other mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. A 2023 survey found that the largest share of Costco’s American customer base is between the ages of 18 and 49 years. The company also prides itself in having the highest customer satisfaction rating of any department or discount store in the United States in 2023.