Costco Wholesale Corporation is an American multinational corporation that operates a chain of membership-only big-box retail stores (warehouse club). The company specializes in the distribution of products and services at discount prices, including food, automotive supplies, toys, hardware, sporting goods, and more. Costco is the fifth largest retailer in the world and is the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine. The company was founded in 1983 in Seattle, Washington, and has since expanded to become a global retailer with warehouse club operations in 11 countries. Costco's worldwide headquarters are in Issaquah, Washington, an eastern suburb of Seattle. The company is known for its low warehouse prices on name-brand products and its commitment to providing high-quality products and services to its members.