Costco Wholesale Firm (trading as Costco Wholesale as well as also understood merely as Costco) is an American international corporation that operates a chain of membership-only big-box retail stores. As of 2020, Costco was the fifth biggest merchant on the planet, as well as the globe's largest merchant of choice and prime beef, organic foods, rotisserie poultry, and also wine since 2016. In 2019, Costco was placed # 14 on the Fortune 500 positions of the biggest United States companies by complete income.
Costco's global headquarters are in Issaquah, Washington, an eastern suburb of Seattle, although its Kirkland Signature residence tag bears the name of its former location in Kirkland. The company opened its initial storehouse (the chain's term for its retail outlets) in Seattle in 1983. Via mergings, nonetheless, Costco's corporate history dates back to 1976, when its previous rival Rate Club was founded in San Diego, The Golden State. Since March 2021, Costco has 804 storage facilities worldwide: 558 in the USA (consisting of the Area of Columbia and Puerto Rico), 103 in Canada, 39 in Mexico, 29 in the United Kingdom, 27 in Japan, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, as well as 1 in China. The business plans to open up a storage facility in New Zealand in very early 2022.