costco

Sep 13, 2019

How Chinese liquor brand Moutai is using Costco to thwart speculators

Ahead of the mid-autumn festival, mass lineups returned to Costco as 10,000 bottles of Moutai were sold out in the supermarket within two days.

Sep 4, 2019

Costco grand-opening hoopla gives way to disappointment in Shanghai

A week after its China debut caused a frenzy, the retailer is enduring a wave of membership cancellations.

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.