Shoppers queue up to withdraw their membership at Costco’s first mainland China store in Shanghai on Tuesday. Photo: Daniel Ren
With Birkin bags, Moutai sold out and memberships withdrawn, was Costco’s stunning Shanghai debut a one-day wonder after all?
- Costco sees dozens of membership withdrawals only days after thousands of consumers overwhelmed the retailer’s operations during its Shanghai debut
- Dozens of shoppers who had each paid 299 yuan to obtain a membership card had cancelled, and were seeking refunds
Topic |
Retailing
Shoppers queue up to withdraw their membership at Costco’s first mainland China store in Shanghai on Tuesday. Photo: Daniel Ren