Costco on Top
The International Grocery Giant has Become the Number One Wine Retailer in the US
Oct 2003 Issue of Wine Business Monthly
It is no surprise that Costco is one huge operation. Then why is everyone so surprised about its role with wine?The international chain has grown amazingly over the past five years. When wine director David Andrew started his job in 1998, Costco claimed 27 warehouses around the world and had plans to add another 30 to 35 in the 2000 fiscal year.Today, Costco has 290 stores in the US alone (400 worldwide). US wine sales reached $620 million in the most recent year. (Costo's fiscal year ends Augus...
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