Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

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Costco's Current Development in Chinese Retail Market

Authors
Weisheng Liang1, *
1York university, Toronto, ON, M3J 1P3, Canada
*Corresponding author. Email: Samliang@my.yorku.ca
Corresponding Author
Weisheng Liang
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-098-5_86How to use a DOI?
Keywords
Warehouse Club; Retailer; Costco; China; U.S
Abstract

China is a booming market in this century, and the largest worldwide warehouse club, Costco has only two benches in China. This paper mainly applies research and data analysis to analyze consumer habits, the status of Costco in the minds of Americans and Chinese, the demographic structure of China and Costco's North American business model enterprise management. It shows that the aging of China and the average family size have effects on the future performance of Costco. At the same time, it is found that Chinese consumers are completely adapted to online shopping. In a conclusion, this author found that people are more willing to go to small supermarkets and convenience stores, which are not favored by Chinese consumers. Later in this paper, this paper explores the condition of India which are environment, resources, and economic development and made a comparison with China. It shows that they have a similar business circumstances. As a result, the author predicts Costco cannot succeed in India.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
78-94-6463-098-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-098-5_86How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Weisheng Liang
PY  - 2022
DA  - 2022/12/27
TI  - Costco's Current Development in Chinese Retail Market
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 752
EP  - 759
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_86
DO  - 10.2991/978-94-6463-098-5_86
ID  - Liang2022
ER  -