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Business trends

Crowds force Costco to shut store early in China debut

Thousands fill the aisles of American hypermarket chain in Shanghai

SHANGHAI (Reuters) -- U.S. hypermarket chain Costco Wholesale Corp was forced to shut its first store in China early on its opening day on Tuesday, according to state media, after large crowds flocked through the door and caused traffic jams in the Shanghai neighborhood.

Videos posted on Chinese social media showed thousands of people crowding the aisles of the store in Shanghai's Minhang district, while signs outside warned incoming shoppers that they might have to wait three hours to park.

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