Walmart Vs Costco In 2022 (Prices, Products, Services + More)
Walmart’s current logo since 2008
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Walmart Home Office (headquarters) in December 2012
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| Formerly |
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|---|---|
| Type |
Public |
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ISIN |
US9311421039 |
| Industry |
Retail |
| Founded |
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| Founder |
Sam Walton |
| Headquarters |
,
U.S.
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Number of locations
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 10,593 stores worldwide (January 31, 2022) [2] [3] |
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Area served
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Worldwide |
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Key people
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| Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
| Services | |
| Revenue |
US$ 559.2 billion (2020) [4] |
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US$22.55 billion (2020) [4] |
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US$13.70 billion (2020) [4] |
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Total assets |
US$252.5 billion (2020) [4] |
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Total equity |
US$87.53 billion (2020) [4] |
| Owner |
Walton family (50.85%) [5] |
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Number of employees
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
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Divisions |
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Subsidiaries |
List of subsidiaries |
| Website |
walmart.com |
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Footnotes / references [6] [7] [8] |
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The retail industry has never seen such a competitive environment. Customers ultimately enjoy the reduced prices and wider selection.
But it can be hard to find the right store for you or your family.
If you have the option to shop at both Walmart and Costco, you might be torn on which store has what you need.
Below is the Walmart Vs Costco comparison. It includes everything, from company history to product information to pricing and customer service to investment ideas.
Walmart is well-known for its 11,000 locations in 27 countries.
It was founded in 1960 by Sam Walton. Although it has its headquarters in Arkansas, the company has expanded far beyond its Southern roots.
Walmart, which has been publicly traded since 1997, operates Sam’s Club warehouses and plans to enter the financial sector.
Costco Wholesale Corporation, also known simply as Costco, was formed in 1976. But, until 1983 it was named Price Club.
This multinational corporation has 800+ shops in 13 different countries, yet it still considers Issaquah Washington home.
Costco’s discount-pricing warehouse model is more attractive than Walmart’s Sam’s Club, BJ’s Warehouse, and other Costco locations.
Costco, one of the most important retailers in America, has an estimated net worth of $80 billion.
First off, the biggest difference between Walmart and Costco stores is who can enter.
Costco requires a membership fee to be eligible for it. The annual cost is $60, or $120 if you are enrolled in the Gold Star Executive program.
Walmart doesn’t have membership fees. Everyone can go in and start shopping.
You will feel at home once you walk into a Costco or Walmart.
The first is that both Costco and Walmart have incredible square footage.
With all that space, you can create extra-wide aisles for carts that can hold lots of goods. It feels impossible to see the ceilings.
From there, though, the layouts drastically diverge.
Walmart stores have at least one or two layout options. But Supercenters, groceries and other merchandise are located on distinct sides of each store.
Costco stores maximize all the vertical space they have by stacking stock so high that it is almost impossible to see, but retail experts also studied their layout.
Costco collaborated closely with designers in order to create an environment that is anti-anxiety and guides shoppers along a “path.”
This gentle herding is a way to encourage shoppers to shop by placing strategically placed products.
Costco stores, as I said, follow a warehouse-model – products are purchased bulk at discounted prices.
In spite of being massive, Costco shops only typically stock around 4000 products.
Walmart sells individual items, though some products come in bulk packaging. Walmart may sell up to 142,000 different items at a single store.
You should therefore carefully consider which stores you want to see if only one visit is possible.
Is your family large or do you just need to have more? Costco is the place to go. You are a loyal customer of certain brand names or do you prefer lots of choice? Walmart may be the better option.
These are very similar departments that both shops contain.
Departments:
Some Walmart stores also have crafting departments that still sell fabric off bolts.
Costco has a range of pre-made gift hampers available in their florist department.
Walmart offers more prepared foods, such as fried chicken or sides. These can all be delivered to your home for delivery.
Costco offers a food court that serves hot dogs, pizzas as well as smoothies and ice cream at low prices.
Without private brands or labels, it is impossible to have a big retailer without a few exclusive brands.
This is part of the business model which keeps prices low.
Below are some of the top-selling and most recognized Walmart stores:
Kirkland is Costco’s most prominent private label company.
Kirkland is actually named after the town in Washington state where an early store was located.
When it comes to maintaining a well-stocked pantry and kitchen, prices are an important factor.
Walmart Vs Costco In 2022 (Prices, Products, Services + More)
