![]() ![]() A similar concept is also applied to BJ’s Wholesale Club. dollars per year, and unlike the club membership, customers can earn cash-back rewards. Sam’s Club plus membership starts at 110 U.S. dollars annually, with the option to upgrade. As for Sam’s Club, membership fees start at 50 U.S. dollars per year and give members access to all Costco locations worldwide. In the United States, membership fees begin at around 60 U.S. In 2023, the company boasted nearly 128 million club members worldwide. ![]() Despite having fewer stores compared to its main competitor, Walmart, Costco had the highest average sales volume per store among the top three mass retailers in the United States. Most of the stores were located in the United States, with California leading the ranking of states with the highest number. Through its over 800 warehouses, spread over 14 countries worldwide, Costco provided employment to more than 300,000 people. dollar, while the latter which, like Costco, also functions as a membership-only warehouse club, recorded net sales of around 18.9 billion U.S. The former had net sales amounting to approximately 107.6 billion U.S. Other competitors, though not as large as Costco, are Target and BJ’s Wholesale Club. In 2022, Walmart generated almost three times as much retail sales as Costco. Costco’s main competitor, Walmart, still dwarfs Costco in terms of sheer numbers. being its most profitable regional segment. In 2023, the company generated global net sales of around 238 billion U.S. Costco’s financial performance and competitors ![]()
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