Costco is one of the largest retailers but when was it named Costco Wholesale Corporation? Can anyone explain it?
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In 1997, an American wholesale corporation was initiated, and it was named Costco Wholesale Corporation, which soon grew into a multinational corporation by stretching its reach to numerous kinds of businesses and clubs.
In 2015, it was recorded that it has become the second-largest retailer in the world. The success of Costco has shocked everybody because it was ranked just after Walmart in that year. But eventually, 2016, it becomes the largest retailer in some sections of businesses such as organic food, prime beef, rotisserie chicken, wine, etc.