How Costco and Price Club's $16B merger created a retail empire

So by the merger in '93, Costco and Price Club are each about 8,000,000,000 in revenue and then 16 together. So fast growing, impressive scale

already. And stores

more concentrated on the West Coast, but around America by this point? Yeah. A combined 200 stores. So pretty large footprint. They're in Canada. They're in Mexico. They've already started international expansion, which then is gonna become huge throughout the February as we'll see for Costco. But right around the time of the merger, Costco takes a pretty important step that unlocks