13 Stores Like Costco (Similar Stores In Us, Canada + More)
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Costco’s logo since 1997
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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.
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Number of locations
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804 [1] (2021) |
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Area served
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Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
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Key people
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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) |
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US$6.023 billion [2] (2020) |
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US$4.002 billion [2] (2020) |
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Total assets |
US$45.40 billion [2] (2019) |
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Total equity |
US$15.24 billion [2] (2019) |
| Members |
105.5 million [3] (2020) |
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Number of employees
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273,000 [3] (2020) |
| Website |
www .costco .com  |
Costco may have been the most popular place to bulk shop, but you might consider other places.
Sam’s Club is the wholesale store that customers most associate with Costco. Sam’s Club may be more popular than Costco in certain areas.
Sam’s Club works with Costco to compete as a sub-comparison company.
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).
Sam’s Club Members get numerous benefits such as:
BJ’s Wholesale Club, which is nearly as famous as Sam’s Club and Costco, is about as well-known. BJ’s has three membership tiers: Perks Rewards, Inner Circle, and Business Memberships.
As an Inner Circle Member, you pay $55/yr and are provided a complimentary membership for a family member or friend. Members have free access to electronics and furniture at BJ’s stores.
Members enjoy exclusive perks such as the following:
Wholesale and retail shopping are just as common outside of the USA. In South Africa Makro, the wholesale equivalent of Costco, is popular.
Makro started out as a chain or wholesalers that were part of a larger parent firm. However, the company has grown to provide online discounts over time.
Makro’s 2011 merger with Massmart Discount Retailer and Walmart allowed for a more competitive wholesale price.
Makro shoppers have the opportunity to access the Makro Rewards and mCard programs. These allow customers to enjoy exclusive discounts and receive rewards.
Members also have the option to receive cashback when downloading and using this app for 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.
With exclusive benefits found on their free rewards app, Lidl Plus, shoppers have access to the following:
In Canada, Wholesale Club is a retailer that is exclusive to foodservice business owners. It is possible to join the Wholesale Club and shop online or at one of their locations, although it is not required.
Wholesale Club members have certain benefits that are specifically tailored to business owners.
Another wholesale retailer popular outside of the US is PriceSmart. PriceSmart is a wholesale retailer that offers four different membership levels.
Members can enjoy discounts on comparable bulk goods found at other stores. Members also get exclusive perks such as:
You can get up to $500/yr cashback on most purchases.
City Club Mexico has recently been added to its roster as a wholesale club. City Club Mexican stores were established in 2002.
City Club has 34 branches in Mexico and offers great value for families who consume lots.
City Club Members are awarded for large purchases. Every purchase exceeding $2000 receives 2% cashback, which can be used to pay for future purchases.
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.
At Africa Imports, you can make either resale or wholesale purchases; wholesale prices are for businesses or individuals reselling items, and retail prices are for personal use.
Wholesale pricing is not available to members of other wholesale clubs. A minimum $100 purchase is required in order for wholesale pricing to be offered. Africa import sells African clothing, soaps, incense, instruments, and other ethnocentric products.
In addition to being a wholesaler, Africa Imports also teaches you how to set up your own business selling products from their catalog.
Even though Target may not be considered a discount store to some, customers have still been able to save quite a bit at their stores over the years, savings that even rival those found at Walmart or Costco.
Target has weekly offers that are available on its website under “Deals,” but Target Circle Members and Red Card Holders also have exclusive benefits.
When you use Target Circle deals, you will find savings exclusive to you based on past purchases.
For example, one customer may acquire deals full of digital coupons for baby care products, health foods, and/or pet care products.
Red Card credit/debit card holders get exclusive benefits, such as:
Trader Joe’s is a specialty grocery store that offers high-quality items with an affordable price tag. They have a wide range of products from cookware to foodstuffs that will make your meals tastier and more enjoyable.
Trader Joe’s may seem like a discount shop, but they’re so high quality that you might not see them as such.
For specialty items, however, these stores provide incredible savings. 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.
Also, the store tests products for taste and quality before placing them in their stores, they buy in bulk and haggle to get the best price, passing savings on to shoppers.
Trader Joe’s doesn’t charge any suppliers for shelf fees which can raise the prices. They remove product that is not performing from their shelves immediately.
Aldi has a lot of specialty foods and fruits that are affordable. Aldi’s products, much like Trader Joe’s are all private label, so shoppers can enjoy lower prices.
In addition, products that are not store-brand are constantly cycling in and out of the store. Aldi finds is like searching for hidden treasure in the grocery store, because you never know what will be featured next.
Aldi is able to cut costs by using some operational features such as shopping carts charging and 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 allows you to bring your own bag if you need it. Overall, both these operational practices help control cost in Aldi stores.
Sprouts Farmers Market offers healthy, fresh food at a low price. There are many options to save at Sprouts. You can use digital coupons or get exclusive apps deals.
The company’s website also features a Deals of the Month section. This section features featured monthly deals on all grocery products.
Cub Foods, a regional discount grocery chain, is also available. 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:
You can redeem points for purchases at Holiday Station Stores
If you want to know more about Costco please visit our post Costco’s Target Market, Walmart and Costco.
It’s important to choose the best store for you, as the discount and warehouse club market are growing.
Due to the huge discounts on bulk products that warehouse clubs like Costco offer, they have become a popular alternative for shoppers who want to save money.
Similar to the larger discount stores, smaller stores can offer lower prices on certain foods that are not available in bigger outlets.
Either way, shopping at a wholesale club or discount store is a great choice. If you find the lowest prices in one spot, there is no reason to go looking for them elsewhere.
.13 Stores Like Costco (Similar Stores In Us, Canada + More)