Costco saw a reaction in China that few Western retailers experience. Analysts believe Costco satiates exactly the appetite China had for a new concept, at a time with its market development is ideal.
Soon after opening the doors to its first location in China, Costco was forced to shut them, as crowds flooded the store eager to snatch up its discount offerings . It's a reaction that few Western companies entering China's retail market have experienced.
Read more: CNBC
