Costco Wholesale is a multi-billion dollar global retailer with warehouse cluboperations in eight countries dedicated to quality in every area of business.
Merchandising is the lifeblood of Costco and most employees begin their careers in the warehouse setting, becoming experts in Costco merchandising and operations.
Costco's warehouses offer the largest, most exclusive product category selections with categories including groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, household goods, apparel, health and beauty aids, tobacco, furniture, office supplies and office equipment. Known for carrying top quality national and regional brands at prices consistently below traditional wholesale or retail outlets, it is no wonder that Costco gained popularity and success.
Costco Wholesale Industries, a division of the Company, operates manufacturing businesses, including special food packaging, optical laboratories, meat processing and jewelry distribution.
Costco has three types of membership: Business, Gold Star (individual) and the Executive membership. It is mandatory for the first to own and operate a business and pay an annual fee ($45 in the U.S.) to shop for resale, business and personal use; a provision for a Spouse card and for up to six associate cards can be made available too.
At the third membership level is the Executive Membership. This offers the usual benefits and allows members to purchase a variety of discounted consumer services (auto and homeowner insurance, real estate, mortgage services, auto buying, personal check printing, financial planning) and/or discounted business services (merchant credit card processing, health insurance, payroll processing, communication solutions) at substantially reduced rates. Executive Members also receive a 2% annual reward (up to $500) on most of their warehouse purchases while paying an annual fee of $100.
Costco warehouses generally are open seven days per week for all members. Costco is a Washington corporation, publicly traded under the Nasdaq ticker symbol "COST", with its home office in Issaquah, Washington. Costco also offers diverse career opportunities in its home and regional offices: accounting, buying, graphic arts, journalism, information systems, human resources, and law and since all these businesses have a common goal of providing members with high quality products at substantially lower prices, they are developing, expanding and integrating their standards with united assurance of quality with quantity from all their counterparts.
Costco Wholesale Corp.Posted on Mar 11, 2006