Costco Is Already a Retail Giant. Can It Become a Trillion-Dollar Company?
Could a warehouse retailer become the world's next trillion-dollar company? Costco's answer may surprise you.
Overview
Over the past few years, several companies crossed the $1 trillion market capitalization milestone. Most got there by riding transformative technologies such as smartphones, cloud computing, or artificial intelligence.
A warehouse retailer might seem like an unlikely addition to that list.
Details
Yet Costco Wholesale (NASDAQ: COST) has quietly become one of the world's most valuable retailers. Investors have rewarded the company for decades of disciplined execution, industry-leading membership renewal rates, and a business model that keeps customers coming back.
Source
Originally published at www.fool.com.
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