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COSTCO is a large-scale membership chain wholesale and retail market with 327 chain stores in 7 countries and regions, including the United States, Canada, the United Kingdom, Mexico, Japan, South Korea and other regions. Each store has an average floor space of more than 130,000 square feet.
COSTCO adopts a membership-based shopping method. Members only need to pay a membership fee of 40 US dollars per year to buy the required items below the market price of 5%-30%. The products sold by COSTCO are mainly in the form of wholesale large-packaged goods, which include food, home appliances, computers, daily necessities, hardware, tires and even automobiles. In 1998, COSTCO joined the gas station in the business project. Customers who hold the membership card can buy gasoline at 20% of the market price at COSTCO's own gas station.
Costco will endeavor to maintain the rights and safety of its suppliers' employees, and Costco believes in and respects cultural and legal differences around the world. For this purpose, Costco:
1. It is forbidden to use illegal child labor, prison labor or slavery and abuse of employees.
2. Suppliers are expected to comply with at least the labor laws and environmental regulations of the host country.
3. Encourage suppliers to strive to achieve “above or exceed the goals of Costco (Supplier Code of Conduct)”
