Accueil » To compete with Walmart, Costco announces 7 openings in China To compete with Walmart, Costco announces 7 openings in China While many food retailers have failed in China, the membership-based wholesale model is a success. Through Bleuenn Fequant. Published on 01 August 2022 à 11h04 - Update on 21 October 2022 à 21h42 Resources … Costco (retail sales 2021: US$192 billion, +17%) announced that it will open 7 stores from this summer, adding to the 2 current stores in Shanghai and Suzhou.… Bleuenn Fequant