By: Chiu Po-sheng, Huang Li-yun and Frances Huang
Taipei, April 9 (CNA) Costco, an American membership-only wholesale club, opened a new outlet in the Taipei suburb of Beitou on Saturday. Before its opening, shoppers were lining up for gifts, causing a traffic jam around the store.
The Beitou branch is the fourth Costco outlet in Taipei and New Taipei and the 12th in Taiwan after the large-size wholesale hypermarket operator made its inroads into the country for the first time in 1997.
W. Craig Jelinek, chief executive officer of Costco, attended the opening ceremony where a lion dance troupe performed — a very traditional Chinese way of wishing for good luck whenever a new business opens.
The Costco CEO distributed red envelopes to the troupe and posed for a group photo along with the head of the Beitou outlet Chang Wen-lei (張文蕾).2 [FULL STORY]