[1] Therefore, Price Club was originally positioned as a much larger, volume-oriented version of the cash-and-carry wholesale format, meaning that prospective members were required to present resale certificates or professional licenses.
[1] This privilege was later extended to employees of utility companies and hospitals, followed by members of certain credit unions and savings deposit clubs.
[1] Stephen F. Mandel, Jr., then a Goldman Sachs analyst, called the warehouse club "the greatest revolution in retailing in the last 10 years.
[7] Analysts were already seeing signs of market saturation along the West Coast of the United States, the first region in which warehouse clubs were developed.
[12] BJ's Wholesale Club is one of the smaller competitors, with stores located primarily in the Eastern United States.
Costco has locations in seven other nations and regions including Australia, Canada, Japan, Korea, Mexico, Taiwan, and the United Kingdom.
Sam's Club, a division of Walmart, claims a membership base of 47 million persons and 602 stores across the United States (as of June 2019).