Executive Summary
In this report, part of our Retailers’ Timelines series, we examine a timeline of key events in Costco’s recent history that have shaped it into the retailer it is today.
- Costco has focused on expansion in recent years. The company opened its first store in Iceland in May 2017 and its first store in France in June 2017.
- In October 2015, the company announced plans to open 12 new warehouses worldwide by the end of 2015.
- In 2014, Costco entered China by opening a store on the Tmall Global platform.
- In March 2009, Costco announced that it planned to begin operations in Australia and to open its first store in the country in July 2009, in Melbourne.
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