This is probably a little outdated, but most of the facts still hold true from this article about the opening of Costco Nashville:
-Was once called Price Club.
-Costco became the first company ever to grow from zero to $3 billion in sales in less than six years.
-Costco's closest competitor, Wal-Mart-owned Sam's Club, has two hundred more stores than Costco, yet routinely earns more than $1 billion less in revenues each year.
-Purchases made at Costco's website do not require a membership, however a 5% surcharge is added to purchases made by non-members.
-Only American Express cards, PIN-based debit cards, cash, and checks are accepted.
-Costco doesn't have a public relations department.
-The corporate jet is not used unless it is filled to capacity.
-A recent estimate puts Costco's pay at 42% higher than Walmart-owned "Sam's Club".
-The membership fee is fully refundable at any time.
-Costco is well known for its hot dog stands.
COSTCO FACTS AND FIGURES
Friday, February 2, 2007
9:18 AM
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