The first Costco store opened in 1976 under the name Price Club, and the company has since grown to 838 warehouses serving 119 million members worldwide.
This week’s Home Retail Monitor looks at warehouse clubs, and club membership.
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Warehouse stores generate $527 billion in annual sales in the U.S., making them a force to be reckoned with no matter what product category you are in. Read the entire study to see how this could impact home improvement retail.