In 2024, Costco generated ***** billion U.S. dollars in revenue from their operations in the United States. In Canada and through its international ventures the company generated **** billion and **** billion U.S. dollars, respectively. Costco Wholesale CorporationCostco 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. 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. The company operates warehouse clubs in a number of countries around the world. However, the vast majority of the retailer’s warehouses are still located in their home market of the United States. Costco Customers Costco stands out among numerous mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. In 2023, the majority of Costco’s American customer base fell within the age range of 18 to 49 years. The company takes pride in achieving the highest customer satisfaction rating among all department and discount stores in the same period.

In fiscal year 2024, Costco Wholesale Corporation's revenue by geographical region are as follows: CANADA: $34.87 B, Other International Operations: $35.44 B, UNITED STATES: $184.14 B.

In 2024, Costco generated sales of about ***** billion U.S. dollars and operated a total of *** warehouses. As a result, Costco's average sales per warehouse amounted to *** million U.S. dollars that year. Costco Wholesale CorporationThe average number of sales at Costco has risen in recent years from *** million U.S. dollars per warehouse in 2012 to *** million U.S. dollars per warehouse in 2024. Costco Wholesale Corporation is a membership only warehouse that sells a variety of products. The first store under the retail warehouse concept began in 1976 under the name Price Club in San Diego, California. This store is still in operation today, known as Costco Warehouse #401. Since then, Costco has branched out into countries around the world. As of 2024, there were *** stores in the United States and Puerto Rico and *** stores in Canada. Costco products can only be purchased by members and is also open to its members’ guests. Membership is purchased in advance for a period of one year.

Costco, the warehouse shopping club, continued to grow in 2024 with *** locations worldwide at year’s end. The U.S. is still home to the vast majority of the American retailer’s warehouses, but it has expanded into 13 other markets. With the expansion in store count comes an increase of members, and at the end of 2024 Costco could boast just under *** million cardholders. Costco is headquartered in Washington state in the United States and opened its first warehouse in Seattle in 1983. Today, the company is the second largest retailer in the world, behind only Walmart. In 2024, the company had net sales of close to *** billion U.S. dollars and a brand value of over ** billion.

The retail industry encompasses the journey of a good or service. This typically starts with the manufacture of a product and ends with said product being purchased by a consumer from a retailer. As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Based on retail sales generated in the financial year 2021, Walmart was by far the world's leading retailer with retail revenues reaching over 572 billion U.S. dollars.

U.S. companies dominate global retail
Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of American retailers doing business around the world. The domestic retail market in the United States is also very competitive, with many companies recording substantial retail sales. The success of U.S. retailers can also be seen through their performance in online retail. Amazon is a prime example of this, with the company’s sales revenue flourishing over the previous years in line with the rise of e-Commerce worldwide.

In 2022, Loblaws held the top spot with an estimated ** percent share of the grocery retail industry in Canada. Walmart, which is an American multinational retail company, owned roughly ***** percent of the Canadian market. Loblaws’ competitor: Metro Inc. One of Loblaws’ top competitors in the past few years has been Metro Inc. In 2022, Metro generated a net income of approximately *** million Canadian dollars, the highest amount the company has seen in the past ten years. That year, most of the company’s store properties could be found in Québec, one of the more populated provinces within the country. Most popular stores in Canada In 2019, the most popular store in Canada for purchasing food and beverages was Walmart: in August of that year, roughly **** of Canadian consumers stated they regularly shopped for food and drink products here. Real Canadian Superstore and Costco ranked second and third respectively in that year.