Costco Coming to Shanghai

Costco is finally opening a brick and mortar location in China! No exact date is set, but officials have announced that the first location will be in Shanghai.

Recently, on September 13th, Costco put its flagship store online with Alibaba Group owned e-commerce platform Tmall.

The American membership-only warehouse club was founded in San Diego in 1976 (then known as ‘Price Club’). As of 2015, Costco was the second largest retailer in the world, and as of 2016, Costco was the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine. Costco currently has 741 warehouses worldwide.

Sources: Yi Cai Global

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