Costco Wholesale Corporation (0I47.L) LSE

Currency In USD

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Costco Wholesale Corporation

Address

999 Lake Drive

Issaquah, WA 98027

United States of America (the)

Phone

425 313 8100

Sector

Consumer Defensive

Industry

Discount Stores

Employees

341000

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Ron VachrisPresident, Chief Executive Officer & Director1.84M1965
Pierre RielExecutive Vice President & Chief Operating Officer of International Division1.16M1964
Gary MillerchipExecutive Vice President & Chief Financial Officer1.32M1972
Javier PolitExecutive Vice President and CI&DO of Information Systems3.84M1965
John SullivanExecutive Vice President, General Counsel & Corporate Secretary01961
Peter GrueningSenior Vice President of Membership, Marketing & Member Service Centers0N/A
Sheri FliesSenior Vice President of Global Sustainability & Compliance0N/A
Ali MoayeriSenior Vice President of Construction & Purchasing0N/A
David SherwoodSenior Vice President of Costco Wholesale Industries & Business Development0N/A
Claudine E. AdamoExecutive Vice President of Administration01971
Tiffany BarbreSenior Vice President, Corporate Controller & Principal Accounting Officer01974
Brenda WeberSenior Vice President of Human Resources0N/A
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Description

Costco Wholesale Corporation, through its various operating subsidiaries, manages a global chain of membership-based retail warehouses. Its extensive presence spans numerous countries, including the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, South Korea, Australia, Spain, France, Iceland, China, and Taiwan. Within these expansive stores, patrons can discover a diverse selection of merchandise, encompassing both prominent national brands and Costco's exclusive private-label products across a wide array of categories. This includes household essentials, dry goods, confectionery, chilled and frozen items, alcoholic beverages, tobacco, and deli provisions. The inventory further extends to electronics, major and small appliances, health and beauty aids, hardware, garden and patio furniture, sporting goods, vehicle tires, toys, seasonal decorations, office supplies, automotive care products, postage, event tickets, apparel, home furnishings, and fine jewelry, alongside dedicated kiosks for special orders. Fresh departments offer meat, produce, prepared deli items, and bakery goods. Beyond its core retail offerings, Costco provides a range of integrated services such as pharmacies, optical centers, popular food courts, hearing-aid clinics, and tire installation facilities. The company also operates a significant number of gasoline stations, totaling 636. Furthermore, it extends various online services to customers in multiple nations, including business delivery, travel booking, and same-day grocery delivery. As of August 29, 2021, the company's operational footprint comprised 815 membership warehouses globally. The majority, 564, were located across the United States and Puerto Rico. Canada accounted for 105 locations, Mexico 39, Japan 30, and the United Kingdom 29. Other international markets included South Korea with 16, Taiwan with 14, Australia with 12, Spain with 3, and individual stores in Iceland, France, and China. Digital shopping options are also facilitated through e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. Tracing its origins to 1976, the enterprise was initially incorporated as Costco Companies, Inc., before officially rebranding as Costco Wholesale Corporation in August 1999. The company's headquarters are located in Issaquah, Washington.

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