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Costco- (COST)-operates membership warehouses, which offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. As of September 2, 2007, Costco operated 488 warehouses comprising 379 in the United States and 4 in Puerto Rico; 71 in Canada; 19 in the United Kingdom; 6 in Japan; 5 in Korea; and 4 in Taiwan. The company also offers its products through Web sites costco.com in the U.S. and costco.ca in Canada. Costco was founded in 1976. It was formerly known as Price/Costco, Inc. and changed its name to Costco Companies, Inc. in 1997. Further, the company changed its name to Costco Wholesale Corporation in 1999. Costco is based in Issaquah, Washington.
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