4 Quirky Things That Make Costco One of the Most-Successful Retailers -- Including a New Rule That Impacts Most of Its Nearly 80 Million Members

Retail is one of the most-competitive industries on the planet. But with a global addressable market of nearly $37 trillion by 2030, based on estimates from Mordor Intelligence, it's not hard to understand why retailers want to ensure their piece of the pie.Most retail ventures will end in failure. Data from the U.S. Bureau of Labor Statistics from 2024 showed that more than 58% of "retail trade" businesses failed within their first 10 years. However, when a retailer succeeds, the sky can be the limit, as Amazon, Walmart, and Costco Wholesale (NASDAQ: COST) have decisively shown.But it's Costco that stands out among the retail goliaths as having the most unorthodox path to success. Everything from unexpected items for sale to unusual rules have helped piece the puzzle together to make Costco one of the most-influential retailers in the world.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool