COSTCO CULTURE
The six rights of merchandising
Right Merchandise
Right Place
Right Time
Right Quantity
Right Condition
Right Price
The store brand name for Costco products
What is Kirkland Signature?
The annual fee for a Costco Gold Star membership
What is $65?
The name of the first ever club based store front, based in Washington in 1976.
What is Price Club?
The current CEO and President of Costco Wholesale
Who is Ron Vachris?
The two groups of people Costco takes care of
Who is our members and our employees?
Costco's return policy for members (minus the exceptions)
What is satisfaction guaranteed with full refund?
The number of Costco Warehouses globally
900+
The founder of Price Club
Who is Sol Price?
This country most recently opened their first Costco location
What is Sweden?
Being in the role of supervisor/manager at Costco, this part of our Culture is one of the biggest parts of our job.
What is teaching?
The method behind Costco carrying Holiday items months before the season and other retailers
What is early in, early out?
The dollar amount Costco made in Profit in FY25
$8.5 Million
These two are the founders of Costco Wholesale
Who is Jim Sinegal and Jeff Brotman?
On a Costco Executive Membership, these are the three things you do NOT earn 2% back on
What is Alcohol, Postage Stamps, and Gasoline?
The number priority working at Costco
What is Member Service?
The mark up cap percentage on Costco's products
What is 14% ?
The average amount of SKUs Costco Warehouses carry
4,000 SKUs
This was the year that Price Club and Costco merged into one.
What is 1993?
This aquatic animal is apart of one of Costco's favorite stories
What is a Salmon?
This policy is a huge part of Costco Culture, allowing employees to privately discuss work related or personal issues with their supervisors and/or managers at any time.
What is the open door policy?
In respecting our buyers/vendors, Costco needs to maintain minimal SKUs, low prices, and high volume. This distribution system was implemented by Costco in 1988 to keep up with the fast growing business and maintain good relationships with our buyers.
What is the depot system?
Costco released this product in 1985, still maintaining it's original price for $1.50 today.
What is a hotdog and fountain drink?
This club-based store is one of Costco's biggest competitors.
What is Sam's Club?
This nickname refers to items scanned underneath the cart
What is BOB ?