13 Stores Like Costco
13 Stores Like Costco (Similar Stores In Us, Canada + More)
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Type |
Public |
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Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
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Industry |
Retail |
Predecessor |
Price Club |
Founded |
July 12, 1976 ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S. |
Founders |
James Sinegal Jeffrey Brotman Sol Price Robert Price |
Headquarters |
,
U.S.
|
Number of locations
|
804 [1] (2021) |
Area served
|
Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
Key people
|
Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO) |
Brands | Kirkland Signature |
Services |
Merchandise Cash & Carry Warehouse club Filling stations |
Revenue |
US$166.76 billion [2] (2020) |
US$6.023 billion [2] (2020) |
|
US$4.002 billion [2] (2020) |
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Total assets |
US$45.40 billion [2] (2019) |
Total equity |
US$15.24 billion [2] (2019) |
Members |
105.5 million [3] (2020) |
Number of employees
|
273,000 [3] (2020) |
Website |
www .costco .com |
Costco remains a favorite option for bulk-shopping, but other alternatives may be more appealing.
Sam’s Club comes to mind when customers picture wholesale shops that remind them of Costco. Sam’s Club actually is better known than Costco in some regions.
Sam’s Club, an umbrella company of Walmart, is Costco’s primary competitor.
For an annual membership of $45, Sam’s Club Shoppers have access to a bulk selection of food, clothing, office supplies, and other products at lower prices than other stores (excluding Costco).
In addition to the yummy free samples Sam’s Club offers on weekends, there are many members-only advantages such as the following:
BJ’s Wholesale Club ranks almost as highly as Sam’s Club and Costco. BJ’s offers three levels of membership, The Inner Circle and Perks Rewards.
Inner Circle members pay $55/year, and get a complimentary membership to a friend or relative. BJ’s Members can get groceries, electronics and furniture from any one of the locations.
Not only can members save 25% over other grocery stores but they also have exclusive access to the following:
In the US, retail and wholesale shopping are equally popular. South Africa’s Makro wholesale counterpart to Costco is Makro.
Makro Brand was originally a chain for wholesale shops that belonged only to one parent company. However, the company has grown to provide online discounts over time.
Makro joined two discount retailers Massmart (and Walmart) in 2011 to create a merger which allowed it to increase its wholesale pricing.
Customers who shop at Makro have access to the mCard and mRewards program, which allows them to earn exclusive rewards and discounts on the following:
Additionally, members can receive cashback by downloading and using the app when making purchases.
Lidl (the UK equivalent to Costco) is a discount food store with some of the lowest prices on grocery, household goods, health & beauty items, baby products, and pet care items.
Lidl Plus offers exclusive benefits to customers who download their Lidl Plus rewards app.
Wholesale Club Canada is a exclusive club for owners of foodservice companies. You don’t need to be a member in order to shop in the stores and visit their websites, but it is recommended.
Wholesale Club members receive the following benefits:
PriceSmart, another wholesale retailer that is popular in the US, also sells bulk merchandise. PriceSmart is a wholesale retailer that offers four different membership levels.
Members can enjoy discounts on comparable bulk goods found at other stores. You can also enjoy exclusive benefits as a member like:
Purchases can be eligible for up to 2% cashback, with a cap of $500/year
City Club Mexico in Mexico was established in 2002 as a wholesale shop. City Club Mexican locations were first opened in 2002. They are Mexico’s equivalent to Sam’s and Costco.
City Club Mexico is available in 34 different locations. This club offers great savings for those who consume large quantities and businesses.
City Club Members are awarded for large purchases. To redeem future purchases, Members get 2% Cashback for each $2000 purchase.
Although this retailer is different from the other wholesale clubs (they do not sell food items), they have been in business for over 20 years.
Africa Imports has wholesale and resale prices. Retail prices are available for individual use.
For wholesale pricing there’s a minimum purchase of $100. Africa import offers African clothes, soaps and incense as well as instruments.
Africa Imports teaches how to start your own wholesale business and sell products directly from their catalogue.
Target might not be a discount store for some but their customers have been able save quite a lot at their stores throughout the years. Savings that rival Walmart and Costco are even possible.
Target does not just offer weekly deals. You can also find them on their website under “Deals”, and there are exclusive rewards for Target Circle holders.
Target Circle offers will allow you to save on your past purchases by offering you savings.
One customer might be able to get digital coupons that can be used for pet products, baby food, or health products.
Red Card members receive the following exclusive benefits:
Trader Joe’s a specialty supermarket that sells high-quality, affordable products. Their wide selection of items, from kitchenware to foodtuffs, will help make your meal more delicious and enjoyable.
Trader Joe’s might seem like a discount retailer, however they’re of high quality.
You will save a lot on the special items these shops carry. You can save so much simply because these stores don’t carry many high-end brands. Instead, they only sell Trader Joe private label merchandise.
Additionally, store personnel taste test the product before they place it in their store.
Trader Joe’s also doesn’t charge vendors shelf fees (which increases prices), and promptly takes the product off their shelves.
Aldi has a lot of specialty foods and fruits that are affordable. Aldi is much like Trader Joe’s in that most store products are privately labeled, which means lower prices and more savings for customers.
Products that aren’t store-brand also frequently cycle in and out the shop. Aldi Findings is like looking for treasure in the grocery shop because you never really know what they might be.
Aldi also saves money by using certain operations such as charging carts or shopping bags. If you pay quarter for a cart in Aldi, it is encouraged that you bring the bag back to the store to receive the quarter.
Aldi does not require a staff member to return your cart. You can also bring your own reusable bags. These two operational methods help Aldi keep its costs low.
Sprouts Farmers Market sells healthy and fresh produce at a very affordable price. There are many options to save at Sprouts. You can use digital coupons or get exclusive apps deals.
Additionally, the company website has a Deals of The Month section. Here you will find monthly featured specials on all sorts of grocery items.
Cub Foods is another regional discount grocery. As the brand grows, they offer many new and convenient benefits like an improved website and delivery through Instacart.
With the My Cub Rewards App and discount card, shoppers get access to the following perks:
Holiday Station Stores offers points redemption
If you want to know more about Costco please visit our post Costco’s Target Market, Walmart and Costco.
As the warehouse club membership and discount store market is expanding, it’s essential to find the right store for your needs.
Costco Warehouse Clubs are popular because they provide huge discounts for bulk products, which is why Costco has become so popular with shoppers wanting to save money.
Also, small discount stores may offer cheaper prices for certain food items than larger ones.
You can shop at either a wholesale club, or a discount store. When you have all the information at your fingertips, it is unnecessary to spend hours searching for the best bargains.
.13 Stores Like Costco (Similar Stores In Us, Canada + More)