E-commerce sales of Costco Wholesale have experienced a remarkable turnaround in 2024, with consistent double-digit growth rates month-over-month. The growth comes after a challenging period in 2023 when the company faced several months of negative growth.
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.
The online revenue of costco.es amounted to US$13.2m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
Costco's e-commerce sales were forecast at **** billion U.S. dollars worldwide in 2021, with the United States accounting for approximately ** percent of this value. Moreover, online sales of the retail giant were set to reach **** billion U.S. dollars by 2026.
The online revenue of costco.se amounted to US$3.1m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The online revenue of costco.co.uk amounted to US$342.9m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
The revenue of Costco, the American retailer operating warehouse club stores, has gradually risen year-on-year in Canada reaching approximately 33.1 billion U.S. dollars in 2023's fiscal year. This is an increase of over 15 billion dollars since 2015.
The warehouse club business model
Warehouse clubs offer a more limited range of products than a traditional supermarket and aim to attract shoppers who wish to save money by buying in bulk. Shoppers must become a member and pay a fee to be able to shop in Costco’s warehouses. Over 127 million people worldwide were Costco members in 2023. There are different tiers of membership, all of which enable members to use any Costco warehouse worldwide and online. Other warehouse club retailers with stores in Canada include Sam’s Club and BJ’s wholesale.
Costco in Canada
The number of Costco locations has risen in line with revenue in Canada – there were 107 Costco warehouses in 2023, 19 warehouses more than in 2015. Ontario, Canada’s most populous province, was home to 39 warehouses in that year, followed by Quebec with 23 stores.
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Swings in the economy have a limited impact on warehouse clubs and supercenters because these retail establishments offer low-priced goods. When consumer sentiment is high, shoppers spend more time visiting industry retailers 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 to visit the competition. Revenue for warehouse clubs and supercenters is expected to climb at a CAGR of 3.2% to $771.1 billion through the end of 2025, including growth of 2.8% in 2025 alone. In the same year, profit will account for 3.5% of revenue, 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, a leader in the industry, 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 expand 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 swell at a CAGR of 2.3% to $862.8 billion through the end of 2030.
The online revenue of costco.com.tw amounted to US$379m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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The digital retail market is experiencing explosive growth, driven by the increasing adoption of e-commerce, mobile shopping, and the expansion of digital payment systems. The market's size in 2025 is estimated at $5 trillion, projecting a robust Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant growth is fueled by several key factors. Firstly, the pervasive use of smartphones and the rise of social commerce platforms are transforming how consumers discover and purchase products. Secondly, advancements in logistics and delivery infrastructure, including same-day delivery and drone technology, are enhancing the customer experience and boosting online sales. Thirdly, the increasing preference for contactless transactions and the growing popularity of subscription-based services are further driving market expansion. Major players like Walmart, Amazon (implied by the presence of Whole Foods), and Tesco are investing heavily in enhancing their digital infrastructure and expanding their online offerings, fostering intense competition and accelerating market growth. Segmentation by application (food and beverages, clothing, digital products, etc.) and technology (NFC, Wi-Fi, GPS) reveals diverse growth opportunities, with food and beverage e-commerce expected to witness particularly strong growth due to the increasing convenience it offers. Geographic expansion is another significant driver, with emerging markets in Asia-Pacific and other regions expected to contribute substantially to the overall market expansion over the forecast period. However, challenges remain. Concerns regarding data privacy and security, the digital divide in certain regions, and the need for robust cybersecurity measures are potential restraints. The market also faces the challenge of managing efficient supply chains and logistics to meet the increasing demands of e-commerce. Furthermore, regulatory hurdles concerning data protection and cross-border e-commerce can hinder market penetration in certain areas. Despite these restraints, the long-term outlook for the digital retail market remains exceptionally positive, driven by ongoing technological advancements and a sustained shift towards online shopping behaviors globally. The focus will be on improving user experience, enhancing security, and providing personalized shopping experiences to maintain the pace of growth and meet evolving consumer needs.
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Costco Wholesale Corp report covers SWOT PESTLE Value Chain Financial Insight and ESG strategies for retail growth and membership-driven business expansion.: “ Read More
This statistic depicts the sales of the leading retailers in the United States in 2023. Walmart was the leading retailer in the United States with about 635 billion U.S. dollars worth of sales that year.
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The global retail industry, valued at $32.68 billion in 2025, is projected to experience robust growth, driven by several key factors. E-commerce continues its rapid expansion, fueled by increasing internet penetration and consumer preference for online convenience. Simultaneously, the rise of omnichannel strategies, integrating online and offline retail experiences, is enhancing customer engagement and driving sales. The increasing adoption of advanced technologies, such as artificial intelligence (AI) for personalized recommendations and supply chain optimization, is further boosting efficiency and profitability within the sector. Growth is also being fueled by shifting consumer preferences towards sustainable and ethically sourced products, prompting retailers to adapt their offerings and supply chains accordingly. Different product categories exhibit varying growth trajectories; for example, the food, beverage, and grocery segment is expected to maintain steady growth, while the personal and household care sector may experience accelerated growth due to changing lifestyle choices and heightened health consciousness. Geographical distribution reveals that North America and Asia-Pacific currently dominate the market, however, emerging markets in Africa and South America present significant untapped potential for future expansion. Competition remains fierce, with established giants like Walmart and Amazon facing challenges from smaller, agile businesses utilizing innovative marketing and fulfillment strategies. Despite the positive outlook, the retail industry faces certain headwinds. Supply chain disruptions, inflation, and fluctuating geopolitical landscapes pose ongoing threats to profitability and stability. The increasing complexity of regulations and compliance requirements also add to operational challenges. Furthermore, intensifying competition necessitates continuous innovation in business models, customer service, and technology adoption to maintain a competitive edge. Successfully navigating these challenges will depend on retailers’ ability to embrace digital transformation, optimize their operations for efficiency, and prioritize sustainable practices to meet evolving consumer demands. The forecast period of 2025-2033 presents a dynamic landscape where adaptability and strategic foresight will be critical for success within this ever-evolving sector. This report provides a detailed analysis of the global retail industry, encompassing historical data (2019-2024), the current market landscape (Base Year 2025), and future projections (Forecast Period: 2025-2033). With a focus on key players like Walmart, Amazon, and Alibaba, this in-depth study explores market trends, segment performance, and growth drivers, offering valuable insights for investors, businesses, and industry professionals. The report covers a market valued in the hundreds of billions, if not trillions of dollars, and utilizes a multi-faceted approach to understanding the evolving retail landscape. Recent developments include: October 2023: Amazon announced that it provides online shopping services in South Africa to assist independent retailers in starting, expanding, and growing their enterprises.August 2023: Italian luxury fashion brand Gucci and Chinese e-commerce giant JD.com, popularly known as Jingdong, have partnered digitally. With the launch of a new digital flagship shop on the e-commerce retailer's platform, the partnership will reach a significant milestone.May 2023: Walmart announced the launch of over 28 healthcare facilities in its Walmart Supercenters, providing value-based and dental care services, among others.. Key drivers for this market are: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Potential restraints include: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Notable trends are: E-commerce is the Fastest-growing Segment in the Retail Industry.
The online revenue of costco.co.kr amounted to US$188.7m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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Argentina Google Search Trends: Online Shopping: Costco data was reported at 3.000 Score in 12 Nov 2022. This records an increase from the previous number of 1.000 Score for 11 Nov 2022. Argentina Google Search Trends: Online Shopping: Costco data is updated daily, averaging 0.000 Score from Dec 2021 (Median) to 12 Nov 2022, with 347 observations. The data reached an all-time high of 9.000 Score in 24 Jul 2022 and a record low of 0.000 Score in 06 Nov 2022. Argentina Google Search Trends: Online Shopping: Costco data remains active status in CEIC and is reported by Google Trends. The data is categorized under Global Database’s Argentina – Table AR.Google.GT: Google Search Trends: by Categories.
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The global retail industry, a dynamic and ever-evolving sector, is projected to reach a market size of $32.68 billion in 2025, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.65% from 2019 to 2033. This significant growth is driven by several key factors. The rise of e-commerce continues to reshape the retail landscape, offering consumers unparalleled convenience and access to a wider selection of products. Simultaneously, the increasing adoption of omnichannel strategies by major players like Walmart, Amazon, and Target allows for seamless integration of online and offline shopping experiences, catering to diverse consumer preferences. Furthermore, advancements in supply chain management and logistics, coupled with the expansion of digital payment systems, contribute significantly to the industry's expansion. Technological innovations such as artificial intelligence and big data analytics are employed to enhance personalization, optimize inventory management, and improve customer service. However, challenges remain. Rising inflation and fluctuating economic conditions can influence consumer spending patterns, while increasing competition necessitates continuous innovation and adaptation for sustained success within the retail space. The competitive landscape is fiercely contested, with major players such as Walmart, Amazon, Costco, and Target vying for market share through aggressive expansion strategies, strategic partnerships, and continuous improvements in their product offerings and customer service. Regional variations in market growth are expected, with established markets in North America and Europe potentially experiencing a slower pace of growth compared to emerging markets in Asia and Africa. The forecast period of 2025-2033 presents both exciting opportunities and significant hurdles for businesses operating in the retail sector. Successful navigation of this period necessitates a keen understanding of consumer behavior, effective utilization of technological advancements, and the ability to adapt swiftly to changing market dynamics. Key drivers for this market are: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Potential restraints include: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Notable trends are: E-commerce is the Fastest-growing Segment in the Retail Industry.
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[Keywords] Market include McKesson Corporation, Costco Wholesale Corporation, AmerisourceBergen Corporation, Wal-Mart Stores Inc, Alibaba Corporation
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Colombia Google Search Trends: Online Shopping: Costco data was reported at 7.000 Score in 12 Nov 2022. This records an increase from the previous number of 0.000 Score for 11 Nov 2022. Colombia Google Search Trends: Online Shopping: Costco data is updated daily, averaging 7.000 Score from Dec 2021 (Median) to 12 Nov 2022, with 347 observations. The data reached an all-time high of 50.000 Score in 16 Apr 2022 and a record low of 0.000 Score in 11 Nov 2022. Colombia Google Search Trends: Online Shopping: Costco data remains active status in CEIC and is reported by Google Trends. The data is categorized under Global Database’s Colombia – Table CO.Google.GT: Google Search Trends: by Categories.
The online revenue of costco.ca amounted to US$2,658.4m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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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.
E-commerce sales of Costco Wholesale have experienced a remarkable turnaround in 2024, with consistent double-digit growth rates month-over-month. The growth comes after a challenging period in 2023 when the company faced several months of negative growth.