Costco Wholesale Corporation was founded in 1983 and is based in Seattle, Washington. Costco is a membership warehouse club, dedicated to bringing their members the best possible prices on quality brand-name merchandise. Costco Wholesale is now a multi-billion dollar global retailer with warehouse club operations in eight countries. Jeff Brotman, Costco’s co-founder and Chairman of the Board with the help of his friend Jim Sinegal, who directed the Company.
Costco’s investor relation’s salaries at Costco earn $172,186 less than VPs of Public Relations. Investor relations at Costco rate their compensation fairly. There is approximately 68% who say they receive annual bonuses and the vast majority (97%) is satisfied with their benefits.
Costco’s financial reports show an increase in sales and revenue from 2015 through 2018. In 2015, Costco’s sales and revenue ended at 112.64 billion, in 2016 it ended at 118.72 billion, in 2017 it ended at 129.03 billion, and in 2018 it ended at 141.58 billion. Throughout the years, it is proven that Costco has increased in sales and revenue.
Costco’s potential vendors of non-food or sundry items can contact the corporate office, which is based in Seattle, Washington. Potential vendors of food and sundry items can contact U.S. division offices located in Washington, California, Texas, Illinois, Virginia, and Georgia or International division offices located in Eastern Canada, Western Canada, United Kingdom, Korea, Mexico, Taiwan, Japan, and Australia region. Costco’s mission statement is to be committed to providing opportunities to a supplier base as diverse as the communities we serve. Their supplier base and there diversity in employees is a major aspect to their business. Costco develops and maintains partnerships with women owned businesses and certified minorities by exploring new ideas to approach their business.
Costco’s fuel centers have four benefits that they focus on, which include: improves performance, restores fuel economy, reduces emissions, and protects fuel injectors and intake valves from harmful deposits. Costco fuel centers improve performance because everyone wants their vehicle to start promptly and idle smoothly and testing shows that Kirkland Signature Gasoline cleans up dull engines as well as keeping them clean. Costco fuel centers restore fuel economy because the regular use of Kirkland Signature Gasoline endorses steadily clean engines by assisting to restore an engine’s envisioned fuel economy. Costco fuel centers reduce emissions by removing deposits to help reduce tailpipe pollution, which is caused by intake valve deposits and plugged fuel injectors. Lastly, Costco fuel centers protect fuel injectors and intake valves by depositing control additives avoiding new deposits from accruing by starting a protective molecular layer on the engine parts. This upsurges reliability and reduces maintenance, which helps extend engine functioning.