Does Shopping at Costco Actually Save You Money? Many people know about the large corporation named Costco Wholesale Corporation. It technically began in 1983 after another company, Price Club, started the idea of a membership-based warehouse store. At the conception its name was simply just Costco. In the year 1993 these two companies, Price Club and Costco, merged to create PriceCostco. Four years later this name was changed to Costco Companies, Inc. Two years later in 1999 it became as we know it now; Costco Wholesale Corporation. (Costco: About Us) purchase a membership to shop at their locations. What does this mean though? Why is this a requirement for you to shop there? It is because being a Costco member, they will send you lots of coupons that are convenient and useable. They offer a very large selection of food items, household appliances, and almost everything else. The only question you must ask yourself is if the price of purchasing a membership is worth the pot...