How many Costco stores vs BJ stores in the USA? This question often arises among consumers who are looking to compare the two popular membership warehouse clubs. Costco and BJ’s Wholesale Club are well-known for their bulk buying options, offering members significant savings on a wide range of products. In this article, we will delve into the number of stores each company operates in the United States and discuss their respective market shares.
Costco, founded in 1983 by Jim Sinegal and Jeffrey Brotman, has grown to become one of the largest membership warehouse clubs in the world. As of 2021, Costco operates over 800 warehouses across the United States, Canada, Mexico, the United Kingdom, South Korea, Taiwan, Australia, Spain, Portugal, France, Italy, and Japan. These stores are strategically located in major metropolitan areas, as well as in smaller towns and cities, making it convenient for a wide range of customers to access their products.
On the other hand, BJ’s Wholesale Club, which was founded in 1984 by Charles A. Lazarus, operates a slightly smaller network of stores in the United States. As of 2021, BJ’s has approximately 200 clubs across 15 states, primarily in the Northeast, Mid-Atlantic, and Midwest regions. While the number of stores is significantly lower than Costco’s, BJ’s has managed to establish a strong presence in its targeted markets.
When comparing the number of stores, it is clear that Costco has a larger footprint in the United States compared to BJ’s. However, this does not necessarily mean that Costco is more accessible to consumers. The distribution of stores plays a crucial role in determining a company’s market reach. In this aspect, both Costco and BJ’s have their strengths and weaknesses.
Costco’s extensive network of stores allows it to cater to a broader customer base, making it more likely for customers to find a nearby location. This advantage is particularly evident in densely populated areas, where Costco has a higher store density. In contrast, BJ’s has a more focused approach, targeting specific markets with its limited number of stores. This targeted strategy allows BJ’s to offer a more personalized shopping experience to its members, as they are likely to find a club in their local community.
In terms of market share, Costco has a significant lead over BJ’s in the United States. According to a report by Statista, Costco held a 34.6% market share in the U.S. warehouse club industry in 2020, while BJ’s accounted for only 15.4%. This difference can be attributed to several factors, including Costco’s larger store network, stronger brand recognition, and more diverse product offerings.
In conclusion, when comparing the number of Costco stores vs BJ stores in the USA, it is evident that Costco has a larger presence in the market. However, this does not necessarily translate to a better shopping experience for all consumers. Both companies have their unique strengths and weaknesses, and the choice between them ultimately depends on individual preferences and proximity to stores.