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Costco’s opening has attained huge popularity in China, with an all-time sign-up high of more than 240,000 new customers, blowing past the average number of 68,000 members household per location the store previously boasted.
Maddeningly, we don't know when the store will land in the capital – but we do have an idea of where. According to reports by people "in the know," the warehouse retailer seems to have set their minds on two locations. One is Nanfaxin and the other is Houshayu, both in Shunyi District. Interestingly, if Costco decides to place their store near Houshayu area, it will be right near Sam’s Club, a competing retail warehouse that currently has three locations in Beijing.
Is the cluster in one location going to bring some fierce competition between those two giants? We aren’t sure. But if that happens, Beijingers will probably get to choose where to shop for hot dogs or sandwiches for where there is a Costco, there will be a Sam’s Club next to you.
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Image Credit: Weibo
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