Costco's Membership-Based Model Fuels Growth, Sets Sights on Executive Cardholders with Exclusive Perks

The global retail industry is projected to reach $36.9 trillion by 2030, with Costco Wholesale standing out through its membership-driven operating model. The company has added or adjusted three perks for its Executive cardholders, who account for over 74% of its net sales. Costco's unique path to success has allowed it to differentiate itself from competitors, and its size enables it to purchase products in bulk, lowering per-unit costs and passing the savings along to shoppers.