Jingjing Ma
Aug 28, 2019

China's first Costco closes shortly after opening

A victim of its own success, the 20,000-square-meter supermarket closed early after being overrun by eager—and in some cases overly eager—consumers.

View of Costco Wholesale's first China store in Shanghai's Minhang District (Shutterstock)

Trade war What trade war US-China tensions had no apparent impact on the China debut of US wholesale chain Costco in Shanghai on Tuesday. In fact, the store was forced to shut down early because of huge crowds fighting for a limited supply of goods and clogging the roads around the store.

The 20,000-square-meter supermarket is located in suburban Minhang districtabout 30 kilometers from downtown, in an area not served by mass transit....

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