5 Biggest Discount Store Companies in the World

2. Costco Wholesale Corporation (NASDAQ:COST)

Market Cap – $208.334 Billion

Costco (NASDAQ:COST) is a membership-only discount store company operating above 800 big-box stores worldwide with over 99 million membership-card holders. Costco (NASDAQ:COST) has its private label and sells items such as water, food, alcoholic beverages, beauty items, and health items under its name at Costco (NASDAQ:COST) stores. Costco (NASDAQ:COST) outperforms competitors through operational efficiency and cost-cutting. Costco (NASDAQ:COST) has a strategic operating model that helps them to enable a no-frills retail approach and utilize economies of scale to provide low prices to its members. Cost-cutting operations strategy helps Costco (NASDAQ:COST) to provide industry-low prices and value to its customers. Moreover, the high member retention rate for the memberships of Costco (NASDAQ:COST) has provided them with enough funds to open new stores and expand their e-commerce market.