Driving Directions To Costco Near Me (2024)

FAQs

Who owns Costco? ›

Costco is mainly owned by institutional investors, who own over 70% of shares. The largest shareholders in December 2023 are: The Vanguard Group (9.10%) BlackRock (6.90%)

What is Costco Direct? Members shopping at Costco.com will come across many items with a “Costco Direct” tag. Buyer Jeremy Noble explains: “The Costco Direct tag indicates that an item is stocked at our distribution center, so the order and the delivery can be fulfilled more quickly.”

Ridgeland, MS Warehouse | Costco.

Nashua, NH Warehouse | Costco.

Jim Sinegal, co-founder (with Seattle retailer Jeff Brotman) and chief executive officer of Costco, the warehouse retail company based in Issaquah, Washington, was born to a Catholic family in 1936 in Pittsburgh, Pennsylvania.

The company's first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego. Originally serving only small businesses, the company found it could achieve far greater buying clout by also serving a selected audience of non-business members.

The good thing about Costco Next is that there is no additional cost to use it when you're a Costco member. But that means you do have to be a Costco member to use it. This is a solid perk for those who already utilize Costco frequently in stores and want another way to shop for deals online.

When you visit a Costco warehouse, you'll discover all the valuable savings we have to offer. As a nonmember, you may still purchase prescriptions from a Costco pharmacy with cash, debit, Costco Shop Cards or a Visa® card. However, you must be a paid member to enter the warehouse and purchase any other items.

Along with Visa credit cards, debit cards, and checks, Costco also accepts cash and EBT cards for eligible food purchases. Additionally, Costco Shop Cards can be used as a form of payment. It's important to note that while Costco does accept cash, they do not provide cash back or change for cash payments.

What is better, Costco or Sam's Club? ›

Costco has more stores across the globe, is expanding rapidly, and generally offers cheaper prices than Sam's Club does, although the latter charges slightly less for membership, has a bigger presence in the U.S., and stocks more name brands.

Costco Wholesale Corporation, one of the largest retailers in the world, operates membership warehouses in which bulk quantities of merchandise are sold at discounted prices to club members who pay an annual membership fee. The company is based in Issaquah, Washington.

Hawaii and Alaska might be your first guesses as to which states are Costco-less, but the noncontiguous parts of the country actually have 13 warehouses between them. So, which states have the unfortunate honor of being completely void of the big box retailer? Wyoming, West Virginia, and Rhode Island.

"The title of Biggest Costco on the Planet belongs to the Salt Lake City store in Utah, which opened in its expanded form in 2015 (via Only in Your State). Part of the reason this particular Costco is so big is because it was remodeled as a hybrid store housing both a warehouse store and a business center in one space.

It offers most of the same perks as Costco and Sam's Club, with a few unique offerings, as well. Like Costco and Sam's Club, BJ's Wholesale Club is a great place to buy groceries in bulk. But we also like that BJ's carries many items in smaller supermarket sizes, too.

The ownership structure of Costco (COST) stock is a mix of institutional, retail and individual investors. Approximately 53.12% of the company's stock is owned by Institutional Investors, 0.82% is owned by Insiders and 46.06% is owned by Public Companies and Individual Investors.

The top individual insider shareholders of Costco are Craig Jelinek, Charles Munger, and Patrick Callans, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc., and State Street Corp.

In 1983, Sinegal joined with Jeffrey H. Brotman to open the first Costco Wholesale in Seattle. In 1993 the Price Company (corporate parent of Price Club) and Costco merged to become PriceCostco. In 1997 the corporate name was changed to Costco Companies, Inc.

Costco is a publicly traded company, while Sam's Club is a subsidiary of Walmart. Costco's membership fees are more expensive and the prices of basic products at Sam's Club are generally cheaper. Costco has more stores worldwide, but Sam's Club has more stores in the U.S.