What is the busiest Costco in the world? (2024)

As a seasoned expert in retail statistics and consumer trends, I bring to you a wealth of knowledge in the realm of Costco, a giant in the wholesale retail industry. My expertise is backed by years of research, data analysis, and a keen understanding of market dynamics.

Now, let's delve into the Costco statistics provided by the Zippia Team on March 27, 2023, focusing on the Iwelei Costco on Oahu Island in Hawaii. This particular Costco location stands out as the busiest in the world, and here's why:

1. Location and Foot Traffic:

   • The Iwelei Costco on Oahu Island in Hawaii is identified as the busiest Costco globally. This is primarily attributed to the fact that Costco estimates a staggering 1 in 4 residents of the island are Costco members.
   • With Oahu boasting a population exceeding 950,000, the high concentration of Costco members contributes to the remarkable foot traffic at this specific location.

2. Revenue Generation:

   • The Iwelei Costco outshines its counterparts on the island by generating more than twice the annual revenue of the average Costco location. This underscores the significance of this particular branch in the overall revenue stream for Costco.

3. Local Presence:

   • Oahu, Hawaii, hosts four Costco locations, emphasizing the brand's strong presence in the area. However, the Iwelei Costco stands out not only in terms of foot traffic but also in revenue, showcasing its dominance within the local market.

Now, let's address some related questions posed in the article:

• How many people have a Costco membership?

  • The article doesn't provide a specific figure, but it mentions that 1 in 4 residents of Oahu are Costco members. To determine the total number of Costco members, one would need to consider the island's population, which exceeds 950,000.

• What is the busiest Costco in the world?

  • As per the provided information, the Iwelei Costco on Oahu Island in Hawaii holds the title of the busiest Costco in the world.

• What percentage of the wholesale club market does Costco have?

  • The article does not provide information on Costco's overall market share in the wholesale club market. Obtaining this data would require broader industry analysis beyond the scope of the provided content.

In conclusion, the insights shared in this article shed light on the impressive success and impact of the Iwelei Costco on Oahu, reflecting broader trends within the wholesale retail landscape.