Costco news and archive

Huge crowds force Costco to cut Chinese debut short

US retailer Costco was forced to cut short the opening day of its inaugural mainland China outlet over safety worries Tuesday after huge crowds of bargain-hunters swamped the store in suburban Shanghai. The massive warehouse outlet issued a notice to users of its official app in the early afternoon saying that it would no longer allow more...

Management

US Retail giant Costco tries its luck in Chinese market

The US retail giant Costco is diving into the thorny area of retail in China with its first store opening this week, but analysts warn it faces a tough ride as it looks to succeed where a series of international retailers have failed. The move also comes at a challenging time with Beijing and Washington engaged in a tense trade war that has seen...