Is Costco owned by Walmart?

There’s a lot of talk these days about whether Costco is owned by Walmart. The simple answer is no, but the story behind the rumor is a bit more complicated than that.

It all started back in 2015, when Walmart announced that it was selling its stake in Costco. This led to speculation that Costco was being bought by Walmart, but that wasn’t the case. Instead, Walmart was selling its stake in Costco so that it could focus on its own business.

However, the rumor persists to this day, and there are even some who believe that Walmart secretly owns Costco. The truth is, however, that Costco is an independent company, and it is not owned by Walmart.

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