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Organizing Paper: Costco

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Submitted By salenajj67
Words 1200
Pages 5
Organizing: Costco
Salena Jolley
MGT/330
October 14, 2013
Angela Guest

Organizing: Costco
Grocery shopping can often times be a time consuming, tedious, and expensive trip. Most grocery stores offer a large variety of items for consumers to choose from. If a consumer needs a bottle of peanut butter, he or she will go to the grocery store where he or she is faced with a large variety of choices. Sometimes choosing which peanut butter to buy requires large amounts of time just looking at the different choices on the shelf. Some consumers may feel overwhelmed with the choices and walk away without purchasing any peanut butter. Other consumers will clip a coupon that offers a discount for one brand of peanut butter. When they get to the store, they find that the price of that brand of peanut butter even with a coupon is still more expensive than two or three other brands sitting on the shelf. Cutting out coupons and organizing them before making a trip to the grocery store is time-consuming and often frustrating for many consumers. In today’s economy, consumers want to go to a store that always offers a good deal and is competitive with other stores in price. Costco has cornered the market on amazing retail prices.
In 1982 Jeff Brotman and Jim Sinegal met together to discuss plans of opening a new wholesale club business. By 1983, the first Costco warehouse opened up in Seattle Washington. By the end of 1984, nine Costco’s were open in five different states. In 1995, the 200th Costco location was opened (Costco, 2009-2013). Today there are 637 Costco warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Taiwan, Korea, Japan, Australia, and Mexico. Costco is known for carrying quality, brand name merchandise that sells at prices significantly lower than other wholesale or retail stores. Costco keeps prices lower by buying in huge quantity

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