Entity: COSTCO
Costco is a warehouse club where shoppers can purchase items in bulk at discounted prices. The name 'Costco' is derived from 'Cost Company' and reflects the store's commitment to providing quality products at affordable rates.
COSTCO
Etymology
The name 'Costco' is a short amalgamation of the phrase 'Cost Company', reflecting the store's mission to sell great products at affordable prices.
Definition
Costco is a warehouse club that offers gourmet products in bulk at low prices, catering to shoppers looking for discounts on quality items.
Historical Context
Founded by Jim Sinegal and Jeffrey H. Brotman, Costco has become a popular destination for consumers seeking value and savings on a wide range of products.
Cultural Significance
Costco is known for its unique shopping experience, where members can purchase items in large quantities at discounted rates, making it a preferred choice for many households.
Related Concepts
- Warehouse Club
- Bulk Shopping
- Discount Retail
See Also
A warehouse club known for selling gourmet products in bulk at low prices, where the name 'Costco' is believed to stand for 'Cost Company'.