VENDORCO Blog

-          Founded by Jim Sinegal and Jeff Brotman in 1983

-          Approximately 55 million members

-          Nearly 600 warehouses worldwide

-          President and CEO is Craig Jelinek

• Craig Jelinek was the Store Manager for Costco 6thlocation, Tukwila, WA, and has worked for Costco for over 27 years

-          Costco is currently the largest warehouse membership chain

-          6^th largest US retailer, 7^th largest worldwide retailer

-          Membership cost: $55/year

Fun Fact: In 1991, Costco asked its employees to send in name suggestions for their private label products.  The winner was Kirkland Signatures, chosen to reflect the city in which Costco had their corporate offices. 

Ref: http://en.wikipedia.org/wiki/Costco