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.

In 2024, Costco Wholesale Corporation generated total net sales of around 250 billion U.S. dollars worldwide. Of this amount, 101.5 billion U.S. dollars was attributed to Food and Sundries products. This sizable portion underscores the importance of this product segment in driving Costco's overall financial success. The company's ability to offer various high-quality food and household items at competitive prices has been a prominent factor in attracting and retaining a loyal customer base. Costco brand profile in the UK and U.S. Costco enjoys strong brand recognition in the U.S., with 83 percent of grocery store customers aware of the brand. While many customers like and actively use Costco. Loyalty is high, with over 80 percent of users likely to shop there again. However, media buzz surrounding the brand was low in September 2023. While Costco's brand awareness in the UK is slightly lower than in the U.S. at 75%, it still holds a significant presence. However, only 16 percent of UK grocery store customers like Costco, and slightly less actively use it. Customer loyalty is strong, with over 80 percent of users likely to return. However, like the U.S., media buzz surrounding the brand was minimal in September 2023. Costco’s mission Costco's mission is clear: to deliver exceptional value to its members by offering high-quality goods and services at the lowest possible prices. Costco's membership base has continued to expand steadily over the past decade. As of 2024, the company had approximately 76 million paid members worldwide, increasing from 2023. This consistent growth reflects Costco's ongoing commitment to providing exceptional value and service to its members, solidifying its position as a leading global retailer.

The revenue of Costco, the American retailer operating warehouse club stores, has gradually risen year-on-year in Canada reaching approximately ** billion U.S. dollars in 2024's fiscal year. This is an increase of over ** 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. Close to *** 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 *** Costco warehouses in 2024, ** warehouses more than in 2015. Ontario, Canada’s most populous province, was home to ** warehouses in that year, followed by Quebec with ** stores.

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.ca amounted to US$2,658.4m 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.

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.

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.

By the end of 2024, total retail sales reached approximately **** trillion U.S. dollars, around a quarter of a billion U.S. dollar increase from the year before. Retail sales have steadily increased since 2009, as the economy recovered from the downward trend due to the recession following the 2007-2008 financial crisis, and most recently from the impact of the coronavirus (COVID-19) crisis. The United States as retail powerhouse The United States is home to many of the leading retail companies in the world, including Walmart, Costco, and Amazon. Amazon, in particular, has seen extreme levels of growth in revenue in tandem with the increase of e-commerce globally. The rise of e-commerce and mobile shopping E-commerce is responsible for a growing percentage of total retail sales, partially due to a surge in mobile shopping, with customers increasingly using their mobile devices for various online shopping activities. Smartphones accounted for more retail website visits than desktops or tablets, and matched desktops in generating online shopping orders.

Supermarkets have maintained stable volume-driven business strategies amid a pricing environment that has been in the spotlight. Conflict in the Middle East, avian flu outbreaks and other inflationary pressures have driven prices up, with many stores passing on these costs to consumers. While consumers are paying more for groceries and upstream suppliers are seeing their margins shrink, supermarkets Coles and Woolworths have maintained relatively stable profit margins, among the highest in the world. The continued expansion of Aldi and Amazon has forced the two established industry giants to shift gears recently to remain price-competitive on both the physical store and online service fronts, launching short-term price discounting initiatives. These supermarket giants also rely on loyalty programs and promotions. Coles and Woolworths have displayed interest in data analytics, strengthening their relationships with analytics data giants like Palantir to optimise their marketing and operational processes. The ACCC's landmark supermarkets inquiry, while not finding evidence of price gouging, identified 20 key recommendations that would ensure a more sustainable market and avoid oligopolistic exploitation. Supermarket and grocery revenue rose significantly following the COVID-19 outbreak. A combination of panic buying, along with the suspension of many specials and promotions in supermarkets, boosted grocery turnover at the beginning of the period, spiking revenue for the two years through 2020-21. This high benchmark at the start of the period has resulted in an industry correction and an annualised revenue contraction of 0.4% to $144.3 billion over the five years through 2025-26. Revenue is estimated to climb 0.4% in 2025-26, reflecting the price-driven industry growth that falling tobacco sales have offset. Supermarkets and grocery stores are set to perform well, with industry revenue slated to climb at an annualised 1.5% through 2030-31 to $155.6 billion. Population growth will remain a key growth factor that stores rely on, as many continue a volume-driven business approach to generating revenue. Should the transparency-related recommendations from the ACCC's inquiry be implemented, some price-driven growth may be curtailed. Eventually, when inflationary pressures subside and consumer sentiment returns to a positive level, supermarkets and grocers will be well-positioned to take advantage of consumer appetite for value-added and premium goods. Strong growth in online sales is set to continue.

Canada's Warehouse Clubs and Supercentres industry comprises 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 2.5% to $67.0 billion through the end of 2024, with an expected hike of 2.5% in 2024 alone. Volatile movements in the world price of crude oil have hampered gains despite overall revenue gains. 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. 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 growing as consumer spending and the total population expand, providing additional demand for 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, industry revenue is expected to swell at a CAGR of 2.9% to $77.3 billion through the end of 2029.

In the fiscal year ended January 31, 2024, Walmart's revenue amounted to approximately *** billion U.S. dollars worldwide. Compared to a year earlier, the retailer's revenue increased by *** percent. Walmart, formerly known as Wal-Mart Stores, Inc., is one of the most well-known and valuable brands in the world. The company operates discount stores, supercenters, and neighborhood markets globally. Powerhouse of retail in both domestic and international markets Walmart deals in a wide variety of products, such as groceries, apparel, furniture, home appliances, and electronics. The company operates through three distinct business segments: Walmart U.S., Walmart International, and Sam’s Club. Walmart’s strongest segment, in terms of revenue, is Walmart U.S., which operates retail stores in the company’s domestic market of the United States. This segment also includes Walmart’s U.S. eCommerce website: walmart.com. The company’s Walmart International and Sam’s Club business divisions operate globally generating revenue through retail, wholesale, membership club, and online product sales. How do other leading retailers compare to Walmart, in terms of sales revenue? Walmart is far ahead of its rivals in the global fast moving consumer goods sector, with nearly double the retail sales of its closest competitors. In terms of historic sales revenue, Amazon and Costco have also witnessed the steady growth experienced by Walmart over the past number of years.

The online revenue of costco.fr amounted to US$14m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

Over the past five years, the Bed and Mattress Stores industry has undergone significant changes driven by product line expansion and increasing competition from mass merchandisers. Traditional innerspring mattresses have seen a decline in popularity in favor of memory foam, polyurethane and latex mattresses, which are perceived as high-value alternatives because of their lack of springs and adjustable firmness options. The availability of these mattresses has supported revenue growth. However, growth has been threatened by massive merchandisers like Walmart and Costco, that can offer competitive pricing, which has somewhat pressured profit growth for the industry. Still, specialized mattress stores have been able to find growth opportunities by catering to consumers seeking tailored sleep solutions, expanding their workforce and product offerings and enhancing their online presence to attract a broader customer base. Overall, industry revenue is expected to have increased at a CAGR of 3.7% to $27.4 billion over the five years to 2024, including an expected bump of 1.1% in 2024 alone. Over the next five years, several trends are projected to impact the industry, ensuring it continues to evolve. The growth of e-commerce and direct-to-consumer (DTC) sales is expected to persist, driven by advances in technology such as augmented reality and virtual showrooms, which offer consumers the convenience of shopping from home with confidence-boosting tools. However, DTC brands, which bypass traditional retail markups, will increase price competition, challenging traditional retailers to innovate or risk losing market share. Demand for customizable and smart mattresses will continue to benefit bed and mattress stores as consumers seek to upgrade their traditional mattresses. Additionally, a growing awareness of sleep health will further boost demand for high-quality mattresses. As competition from mass merchandisers and DTC sales pressures the industry, bed and mattress stores will increase their in-store experience to attract consumers to brick-and-mortar locations. As a result, industry revenue is expected to rise at a CAGR of 1.6% to $30.0 billion over the five years to 2029.

The online revenue of costco.co.jp amounted to US$392.5m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

The online revenue of costco.com.mx amounted to US$360.2m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

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.

Times have been tough for discount variety stores. Mounting external competition from discount department stores, supermarkets and online-only retailers has strained discount variety stores’ revenue. These retail giants not only offer a diverse selection of quality goods but also leverage loyalty reward schemes to entice consumers, which narrows the gap between them and traditional discount variety stores. Even so, the industry’s profitability has recently climbed on the back of a changing product mix. Overall, revenue is expected to have dropped at an annualised 2.6% over the five years through 2024-25, to $2.3 billion. This trend includes an anticipated 1.6% uptick in 2024-25. Discount variety stores have navigated challenging terrain marked by intensified competition from growing supermarket and department store chains and online retailers. The expansion of global giants like Costco has generated significant pressure. Online shopping has emerged as a formidable competitor, attracting customers with niche products and minimal shipping fees. To counter this, traditional discount variety stores have enhanced their online platforms, an effort that has been somewhat successful in maintaining competitiveness. Industry revenue is forecast to edge upwards at an annualised 1.5% over the five years through 2029-30, to $2.4 billion. The continued push for online shopping is poised to erode bricks-and-mortar discount variety stores’ customer base, aligning with consumers’ preferences for seamless online shopping experiences. Superstores like Aldi and Costco, backed by powerful buying capabilities and appealing product ranges, will likely expand and claim further market share. Discount department stores like Kmart will also continue to capture consumers, fuelling competition.