Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells merchandise in bulk and at competitive prices through warehouse clubs and e-commerce platforms, serving individual consumers, businesses and other organizations.
Its product selection includes groceries and fresh foods, household supplies, appliances, electronics, furniture, apparel, health and beauty products, jewelry, automotive products and prescription drugs. Costco also provides services such as optical care, pharmacy services, hearing-aid sales, travel offerings and fuel sales, depending on location.
The company traces its roots to Price Club, which opened in San Diego in 1976. Price Club and Costco merged in 1993, and the combined business adopted the Costco Wholesale name in 1997. Costco operates throughout the United States and Canada, as well as in international markets including Mexico, the United Kingdom, Japan, South Korea, Taiwan, Australia, Spain, France, Iceland and New Zealand. Ron Vachris has served as Costco’s president and chief executive officer since January 2024.
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