Costco Wholesale Corp.

Company Profile

Costco Wholesale-NA SNM-COST
999 Lake Drive
Issaquah WASHINGTON 98027

Exchange: NASNM
Sector: Customer Services
Industry: Broadline Retailers


Business Description

Costco Wholesale Corporation operates an international chain of membership wareshouses, mainly under the "Costco Wholesale" name, that carry quality, brand name merchandise at substaintially lower prices than are typically found at traditional wholesale or retail businesses. The warehouse that are designed to help small-to-medium sized businesses reduce costs in purchasing for resale and for everyday business use. Individuals may also purchase for their personal needs.

Costco's warehouses present one of the largest and most exclusive product category selections to be found under a single roof. Categories include groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewerly, cameras, books, housewares, apparel, health and beuty aids, tobacco, furniture, office supplies and office equipment. Costco is known for carrying top quality national and regional brands, at prices consistently below traditional wholesale or retail outlets.

According to Jim Sinegal, the Company's Chief CEO, "Costco is able to offer lower prices and better values by eliminating virtually all the frills and costs historically associated with conventional wholesalers and retailers, including sales people, fancy buildings, delivery, billing and accounts receivable. We run a tight operation with extremely low overhead which enables us to pass on dramatic savings to our members."

For more business description, see http://www.costco.com/


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