Costco has a history of over 40 years. Date back to 1976, Sol Price, a pioneer in warehouse club retailing, opened the first Price Club which an airline hangar was remodeled in San Diego, California. In 1983 Jeffrey H. Brotman and James D. Sinegal opened the first Costco in Seattle, Washington. Ten years later, The Price Company and Costco merged into Price/Costco. They changed it into Costco Wholesale Corporation on October 30, 1999. Costco spread and was constructed  in several countries, the United States, Canada, Mexico, Europe, the Far East, and Australia.