Something that really attracts people is its desserts, which have become quite sought after by clients and resellers, as these are often resold at a higher price to people without a membership or who don't have the chance to buy these products.
Costco began its story in San Diego
Currently, new Costco stores are not regularly open which is why client demand has been increasing in already existing establishments, but do you know where the first Costco store was opened?
According to its website, Costco began its story in San Diego in 1976. It opened its first store in what used to be an airplane hangar under the name "Price Club" at the Morena Boulevard area. It used to focus on selling to small business owners, but after finding an opportunity for consumers who didn't own a business they decided to open more "clubs".
The first store with the Costco name opened in Seattle in 1983, and it was the first company that grew from $0 to $3 million dollars in less than 6 years.
Price Club and Costco united in 1993, working with branches under the name "Price Costco". By then, they already had 206 branches and were earning more than $15 million dollars every year in sales.
In 1997, the business was restructured, and the name Costco Wholesale returned, which is the name that has remained so far. Costco offers wholesale and retail products and it has a soda fountain in each of its branches with food that is made there and ready to eat.
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