Costco Business Model Could Be Lost in Translation, Analysts Say

After setting up an online store for Chinese customers five years ago, Costco Wholesale Corp. is set to open its first brick-and-mortar store in the country at the end of August.

The store in Shanghai’s Minhang district will open on Aug. 27, the U.S. supermarket giant said on its official WeChat account (link in Chinese) last week.