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  2. Costco, the popular wholesale retailer, is a publicly traded corporation owned by its shareholders. Founded by James Sinegal and Jeffrey Brotman in 1983, Costco has grown immensely and is now a global retail powerhouse. Moreover, the retail giant is known for its unique business model and competitive prices.
    specialtyretail.com/who-owns-costco/
    As the retailer continues to grow its membership, it’s the right time to delve into its ownership structure. Now, according to TipRanks’ ownership page, public companies and individual investors own 45.82% of COST. They are followed by other institutional investors, mutual funds, and insiders at 35.93%, 17.42%, and 0.83%, respectively.
    www.msn.com/en-us/money/topstocks/who-owns-c…
     
  3. People also ask
    Who started Costco?In 1983, Jim Sinegal and a Seattle retailer named Jeffrey Brotman started Costco. He served as both CEO and President. Jim Sinegal was responsible for including a wide variety of products, for the first time in the warehouse club.
    Who owns Costco Wholesale Corporation?He retired as CEO in 2012 and from the Board of directors in 2018. Jeffrey Hart Brotman, a Seattle attorney, the other co-founder of Costco Wholesale Corporation, is a Political Science degree holder from the University of Washington. Brought together by the love for retail sales, Sinegal and Brotman founded Costco.
    Who is the current CEO of Costco?He even pushed to keep prices the same even if they had higher prices at different stores. Eventually, Sinegal retired as CEO but remained on the board until 2018. The current CEO of Costco, and Sinegal’s replacement, is Craig Jelinek.
    Is Costco still in business?The original Price Club store in a converted airplane hangar in San Diego, California, still operates to this day under the Costco banner. Costco was founded seven years after Price Club by Jeffrey H. Brotman and James D. Sinegal.
     
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