Costco's uniqueness has made it a popular shopping destination, as well as a top-performing stock in the retail industry.

Retail is one of the most-competitive industries on the planet. But with a global addressable market of nearly $37 trillion by 2030, based on estimates from Mordor Intelligence, it's not hard to understand why retailers want to ensure their piece of the pie.

Most retail ventures will end in failure. Data from the U.S. Bureau of Labor Statistics from 2024 showed that more than 58% of "retail trade" businesses failed within their first 10 years. However, when a retailer succeeds, the sky can be the limit, as Amazon , Walmart , and Costco Wholesale ( COST 0.79% ) have decisively shown.

But it's Costco that stands out among the retail goliaths as having the

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