Costco is headquartered in the U.S. and is a large retailer operating warehouse club stores around the world. Canada’s most populous province of Ontario was home to 40 Costco warehouses in Canada as of December 2023, whilst there was just one warehouse in Newfoundland and Labrador.
The warehouse club business model
Warehouse clubs offer a more limited range of products than a traditional supermarket and aim to attract shoppers who wish to save money by buying in bulk. Shoppers must become a member and pay a fee to be able to shop in Costco’s warehouses. Over 128 million people worldwide were Costco members in 2022. There are different tiers of membership, all of which enable members to use any Costco warehouse worldwide and online. Other warehouse club retailers with stores in Canada include Sam’s Club and BJ’s wholesale.
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Costco. (December 1, 2023). Number of Costco warehouses in Canada in 2023, by province [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/537467/number-of-costco-warehouses-canada/
Costco. "Number of Costco warehouses in Canada in 2023, by province." Chart. December 1, 2023. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/537467/number-of-costco-warehouses-canada/
Costco. (2023). Number of Costco warehouses in Canada in 2023, by province. Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/537467/number-of-costco-warehouses-canada/
Costco. "Number of Costco Warehouses in Canada in 2023, by Province." Statista, Statista Inc., 1 Dec 2023, https://www.statista.com/statistics/537467/number-of-costco-warehouses-canada/
Costco, Number of Costco warehouses in Canada in 2023, by province Statista, https://www.statista.com/statistics/537467/number-of-costco-warehouses-canada/ (last visited November 25, 2024)
Number of Costco warehouses in Canada in 2023, by province [Graph], Costco, December 1, 2023. [Online]. Available: https://www.statista.com/statistics/537467/number-of-costco-warehouses-canada/