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Costco College Essay

177 Words1 Page

Costco’s first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego. By 1983 the first Costco warehouse was built in Seattle. They became the first company to go from zero to 3 billion sales in less than 6 years. In 1993 the two companies, Costco Wholesale and Price Club, merged together and resulted in the most successful warehouse club. Costco has been very successful and to continue their success they should try to get more aggressive with who gets the spots in their warehouse. By seeing who is willing to pay the most money to get their product on the shelves companies will end up paying more, resulting in a profit increase for Costco. Another way to increase profit is to

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