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The company's first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego, CA, U.S.A.
Originally serving only small businesses, the company found it could achieve far greater buying clout by also serving a selected audience of non-business members. With that change, the growth of the warehouse club industry was off and running. In 1983, the first Costco warehouse location was opened in Seattle, WA, U.S.A. Costco became the first company ever to grow from zero to $3 billion in sales in less than six years. When Costco and Price Club merged in 1993, the combined company, operating under the name PriceCostco, had 206 locations generating $16 billion in annual sales.
Our operating philosophy is simple. Keep costs down and pass the savings on to our members. Our large membership base and tremendous buying power, combined with our never-ending quest for efficiency, result in the best possible prices for our members. Since resuming the Costco name in 1997, the company has grown to more than 606 locations worldwide.
Costco Taiwan's first location opened in 1997 in Kaohsiung. We are now operating nine warehouses in Taiwan, three in Taipei market, one in Taoyuan, one in Hsinchu, one in Taichung, one in Tainan and two in Kaohsiung.
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On membership:We will refund your membership fee in full at any time if you are dissatisfied.
On merchandise: We guarantee your satisfaction on every product we sell with a full refund.
Exceptions:
1. Televisions, computers, cameras, camcorders, iPod / MP3 players and cellular phones must be returned within 90 days of purchase for a refund.
2. All tires sold through Costco Wholesale are covered by a 5-year Road Hazard Warranty, please contact our Tire Center for more information. |
