This podcast episode explores the origin and growth of Costco, a wholesale giant that has become a favorite shopping destination for millions of customers worldwide. It delves into the unconventional business choices made by the founders and highlights the success of their membership model. Costco's unique economic model, low prices, and focus on delivering value to its members have set it apart from other retailers. The episode also discusses Costco's strategies to retain customers and the challenges it faces in the competitive retail landscape. Overall, Costco's strategic approach and international growth have solidified its position as a leader in the industry.
