• New Executive Business Membership

• New Executive Gold Star Membership

• Business Membership

• Gold Star Membership

Founded by James Sinegal and Jeffrey Brotman, Costco opened its first warehouse in Seattle, Washington, on September 15, 1983. Sinegal had started in retailing by working for Sol Price at both FedMart and Price Club. Brotman, an attorney from an old Seattle retailing family, had also been involved in retailing from an early age.

In 1993, Costco merged with Price Club. Costco’s business model and size were similar to those of Price Club, which was founded by Sol and Robert Price in 1976 in San Diego, California. Thus, the combined company, PriceCostco, was effectively double the size of each of its parents. Just after the merger, PriceCostco had 206 locations generating $16 billion in annual sales. PriceCostco was initially led by executives from both companies, but then Sol and his son Robert Price founded Price Enterprises and left in 1994.

In 1997, the company changed its name to Costco Wholesale.

Kerri Chambers

Costco Account Manager
3130 Killdeer Ave,
Albany OR 97321

Phone: 541.760.0230
w682mkt03@costco.com

www.costco.com