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Costco: A Timeline of Key Events

Coresight Research

What's Inside

Costco Wholesale Corporation (“Costco”) opened its first warehouse in 1983 in Seattle. By the end of 2019, the company operated over 780 warehouse stores, generated $152.7 billion in revenue in FY19 and is expanding internationally.

  • Costco has focused on expanding its footprint by opening new stores in the US.
  • The company is also working to expand internationally, with new outlets in China, Iceland, France and New Zealand.
  • At the same time, Costco has stepped up its investment in e-commerce and omni-channel capabilities.

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