How has Costco performed in China?

Date : 08 October 2021

Jiong-Jiong Yu

Senior Retail Analyst

In view of the wholesale store boom in China . We take a look at how Costco has performed in the country since its high-profile market entry in 2019. First year sales reached CNY2 bn (US$310m) Costco opened its first China store in Shanghai in 2019. That store achieved sales revenue of…
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