MANAGEMENT

Detailed explanation-1: -Costco Wholesale Corporation operates an international chain of membership warehouses, mainly under the “Costco Wholesale” name, that carry quality, brand-name merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources.

Detailed explanation-2: -Costco makes money by selling products at deep discounts to its members. Its huge pricing power allows it to benefit from economies of scale, offering products at lower prices than you find with other retailers. Around $153 billion or more than 91% of Costco’s annual comes from its in-store sales.

Detailed explanation-3: -Costco, in full Costco Wholesale Corporation, American operator of discount stores of the type known as warehouse clubs or wholesale clubs, in which bulk quantities of merchandise are sold at deeply discounted prices to club members who pay an annual membership fee.

Detailed explanation-4: -Costco is a wholesale retailer selling discounted goods through membership warehouses and online.