Costco Wholesale
Lan Yu currently serves as a Data Development Analyst at Costco Wholesale, a position held since August 2021. Prior to this role, Lan gained valuable experience as a Data Analyst with the University of Pittsburgh Clinical and Translational Science Institute from May 2020 to August 2021 and as an Accounting Intern at Donnelly-Boland and Associates from December 2018 to April 2019. In the internship, responsibilities included supporting financial decision-making through monthly closings and ensuring accuracy in accounts payable. Additionally, Lan volunteered as a Tax Preparer at United Way of Southwestern Pennsylvania, preparing tax returns and resolving issues with the IRS. Lan Yu holds a Master's degree in Management Information Systems and a Master's degree in Accounting from the University of Pittsburgh Katz Graduate School of Business, along with a Bachelor's degree in International Business and Management from The University of Nottingham Ningbo China.
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Costco Wholesale
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Originally named "Price Club" in 1976, Costco started out by serving small businesses while additionally targeting a selected audience of non-business members. Because of their specific strategy, they quickly became successful. Today, they are one of the largest retailers in the world and retailer of choice for speciality items. Costco is a membership warehouse club that strives to bring the best possible prices on quality brand-name merchandise. Costco has more than 800 locations worldwide. They are a multi-billion dollar global retailer operating in 8 countries. Costco provides a wide selection of merchandise such as appliances, baby products, beauty products, clothing, luggage, handbags, computers, electronics, and any other household item you can think of. Within their core merchandise categories or core business, they offer food and sundries, non-foods, and fresh foods. Within their Warehouse Ancillary business, they offer gasoline, pharmacy, optical, food court, hearing aids, and tire installation. Other businesses include e-commerce, business centers, and travel. Most notably is there Kirkland Signature brand, Costco's trademark private-label brand. They only use this brand on merchandise sold through their website or warehouses. This brand came at a time where they recognized the need for quality goods at budget-friendly prices. However, most of these brands are manufactured by national brands such as Starbucks, Ocean Spray, Niagara, and Humboldt Creamery. They operate membership warehouses and e-commerce websites with a limited selection of nationally-branded and private-label products in a wide range of categories. By keeping these products at a low price, they are able to produce high sales volumes and rapid inventory turnover.