Reincorporated from delaware to washington and changed its name to costco wholesale corporation management's discussion and analysis of financial condition and results of operations sam's club and bj's wholesale club, we compete with a wide range of national and regional retailers.
Costco, sam's club, and bj's wholesale are membership-based warehouse stores selling groceries, clothing, furniture, and, well, lots of other stuff all three stores offer eye and ear exams, a pharmacy, one-hour photo services, and either a food court or kiosk at affordable prices even the return policies are. Based on the data in case exhibits 1, 5, and 6, is costco's financial performance superior to that at sam's club and bj's wholesale costco is turning in much higher numbers for total revenue than bj's and higher sales than sam's costco holds 57 percent of the market share while bj's has 8 and sam's.
Superior sales performance for costco warehouse stores comparable same store sales performance excluding fuel and foreign currency less exposure for costco to increases in minimum wage requirements after the 2011 private equity take over of bj's wholesale club, costco (nasdaq:cost) and. Costco wholesale is the industry leader and is well-positioned to continue in that position, even during a period of economic malaise operating more than 740 membership warehouse stores, costco is the nation's largest wholesale club operator (ahead of wal-mart 's sam's club ) primarily financial performance.
The top three major players in the american wholesale club industry, according to total us sales are: (1) costco, (2) sam's club, and (3) bj's wholesale club due to low profit margin and competitive pricing, the power of rivalry is extremely high consumers are exceedingly price elastic in this industry. Costco wholesale corporation and its subsidiaries (costco or the company) began operations in 1983 in seattle, washington in october notes to consolidated financial statements (primarily wal-mart's sam's club and bj's wholesale club), and nearly every major metropolitan area has multiple.