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

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.…

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