As of 2024, Costco operated *** warehouses worldwide, up from *** warehouses in 2011. Each year the company has opened new branches and is now one of the top retailers worldwide in terms of revenue. Costco Key Facts Costco opened its first warehouse in 1983 in Seattle, Washington, where the company is still headquartered today. Costco is known for selling bulk goods and requiring a membership in order to shop there. In 2024, Costco boasted nearly *** million club members worldwide, up from **** million members in 2014. Costco’s net sales have also seen a steady increase over the last several years and amounted to ***** billion U.S. dollars in 2024. Costco Consumer Behavior Costco consistently ranks highly in terms of customer satisfaction and retained many loyal customers over the years. In 2023, Costco had a customer satisfaction rating of **, a higher score than any other department or discount store in the United States. Less than ** percent of Costco shoppers in the United States are between the ages of 50 and 64 years, making up the smallest share of Costco’s customer base of any age group.

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.

How high is the brand awareness of Costco in the UK?When it comes to grocery store customers, brand awareness of Costco is at 72% in the UK. The survey was conducted using the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.How popular is Costco in the UK?In total, 16% of UK grocery store customers say they like Costco.What is the usage share of Costco in the UK?All in all, 15% of grocery store customers in the UK use Costco.How loyal are the customers of Costco?Around 10% of grocery store customers in the UK say they are likely to use Costco again.What's the buzz around Costco in the UK?In June 2024, about 7% of UK grocery store customers had heard about Costco in the media, on social media, or in advertising over the past three months, meaning at the time of the survey there was little to no buzz around Costco in the UK.

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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In fiscal year 2023, BJ's Wholesale Club registered revenues of close to 20 billion U.S. dollars, up from 19.3 billion a year before. This represents a slow increase when compared to the nearly 16 percent surge between fiscal years 2021 and 2022. In contrast, Costco Corporation revenues in the United States, BJ's main competitor, amounted to over 177 billion U.S. dollars in 2023.

In 2024, close to 137 million people had paid for a yearly Costco membership. The number of cardholders has been growing steadily since 2014. Costco Wholesale Corporation is a growing membership-only retail company, which offers goods in bulk at competitive prices. Top retail brands Costco had a brand value of approximately 60 billion U.S. dollars in 2024, making it the fourth most valuable retail brand in the world that year. The top three included companies, such as Amazon and Walmart. Based on revenue, however, Walmart Inc. was the leading retailer by far, generating over 572 billion U.S. dollars in 2021. In that year, Costco Wholesale Corporation reached a revenue of more than 195 billion U.S. dollars. Costco growth Costco’s worldwide revenue numbers have been increasing steadily with each consecutive year and are expected to continue growing. Additionally, the number of Costco warehouses has been on the rise. Between 2011 and 2024, the number of warehouses operated by the company has grown by close to 300.