Costco opened its first location in Seattle in 1983, building off Price Club's warehouse format ... Costco is a staple of the big-box-store landscape. Since its beginning in 1983, it has attracted ...

Sol Price — the godfather of the club store, progenitor of Costco ... Read next BI Tech Memo An icon in the shape of an angle pointing down.

That same year he and his son Robert founded Price Club, using money invested by family members and acquaintances. The store opened in an abandoned airport hangar in San Diego. At first ...