Here's When China's First Costco Will Open in Shanghai

By Jack Douglas, June 18, 2019

1 0

Five years after Costco launched an online store for the Chinese market, the American wholesale giant is set to open their first actual store in the country on August 27. 

Set to be located in Shanghai’s Minhang district, the store will offer two types of membership for customers. Both priced at RMB299 per year, the fees will be for families and for corporations, with shoppers having been able to apply for memberships since April. 

You can also register for a membership card before the grand opening and you'll receive a RMB100 voucher to use at the warehouse. For more details, click here

With Costco’s successful modern model seeing products bought in bulk, the chain faces a challenge to appeal to the Chinese market where most customers tend to shop more frequently and purchase smaller amounts of goods. 

The opening will come just over two months after German supermarket Aldi debuted its first stores on the Asian continent.

READ MORE: German Supermarket Giant ALDI Opens First Stores in Shanghai

The emergence of these two multinational brands into China is further sign of western supermarkets being keen to get a foothold in one of the most lucrative markets in the world.

[Cover image via Pixabay]

more news

Guangzhou Bar Posts Sign Banning Foreign Customers

Mr. Pilot has posted a sign on their entrance that reads in English ‘Decline foreigners’ and ‘No drugs.’

This Chinese Grocery Store Has Its Own IPA

Hema has their own craft brew brand and we’ve got to admit – we’re big fans.

20 Sanya Events: Tango Dance Workout & More Parties

There's always something fun to do in Sanya.

17 Hainan Events: Survival Games, Wine Tastings & More

As other cities come out of lockdown, Hainan is heating up.

Testing Times for These Beijing Venues in ‘Soft’ Lockdown

COO of FWM Restaurants Dave Martin shares his thoughts on how venues coped with Beijing's COVID restrictions.

Big Food Delivery Platforms Not the Answer for This Beijing F&B Venue

Another Beijing F&B venue reveals how their coping with the capital's temporary ban on in-house dining.

16 Spicy Sanya Events: Festivals, Glamping, Shows & More

Sanya events will keep you busy during the Dragon Boat Festival weekend.

Read Why This Beijing Restaurant Opted NOT to Provide Takeout

In-house dining has been temporarily banned in Beijing since May 1. We find out how the F&B industry is coping.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at thatsonline for events, guides, giveaways and much more!

7 Days in China With thatsmags.com

Weekly updates to your email inbox every Wednesday

Subscribe

Download previous issues

Never miss an issue of That's Magazines!

Visit the archives