Costco is opening 11 new locations through November – see the full list (2024)

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Costco is opening 11 new locations through November – see the full list BEKIJK OOK: Zo worden dagelijks 1,5 miljoen PET-flessen omgetoverd in kleding Rusland heeft minstens 100 van z’n T-90M tanks verloren in Oekraïne – Poetin prees de tank eerder nog als ’s werelds beste Waarom meteorologen ’s zomers niet in de middag en avond vliegen Nvidia and other chip stocks tumble on report the Biden administration is weighing tighter China trade restrictions Diversiteit, inclusie en gelijkwaardigheid geen prioriteit voor werkgevers – deze thema’s zijn dat wél EU overweegt om importheffingen voor BMW en Volkswagen te verlagen – steun voor heffingen lijkt af te nemen Vertraagde treinrit? Twee twintigers uit Utrecht claimden al €110.000 bij de NS namens reizigers Brabantse vleesverwerker speelt hoofdrol in handelsconflict tussen China en EU 6 dingen die je moet weten over Ursula von der Leyen, die is herkozen voor een tweede termijn als voorzitter van de Europese Commissie ECB houdt rente gelijk, in afwachting van meer zekerheid dat de inflatie op het goede spoor zit A top-ranked CIO overseeing $1 billion shares 3 trades to hedge risk amid political upheaval and violence Kopie Partnerexperts Vacatures #techtalks: Hoe AI cybercriminelen steeds slimmer maakt Dit is de miljardair die ‘de Russische James Bond’ wordt genoemd en de eigenaar is van een van de meest luxe hotelketens ter wereld 4 manieren waarop ChatGPT je productiever op werk kan maken Hoe je meer rendement kunt behalen door je aandelenportefeuille te herbalanceren Op vakantie met de auto? Op deze bestemmingen loop je het meeste risico op een ongeluk 13 Amerikaanse presidenten die wisten te ontkomen aan een aanslag op hun leven 4 grafieken die laten zien waarom Amerikaanse aandelen tegen 2030 drie keer zoveel waard zullen zijn, volgens optimistische beursanalist FAQs

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Costco is opening 11 new locations through November – see the full list

Gabrielle Bienasz

Costco is opening 11 new locations through November – see the full list (1)

Foto: AP Photo/David Zalubowski

  • Costco is opening 11 new locations starting in May, BGR reported.
  • The retailer could be opening as many as 28 this year, a top executive told the WSJ in January.
  • Costco's visits in February 2022 were up 6.7% compared to February 2019, according to Placer.ai

Costco is expanding, opening at least 11 new stores from May to November of this year, BGR reported Saturday.

According to the company's website, 11 new stores are opening in next several months, including a location in Riverton, Utah in May 2022 to Gimhae in the South Gyeongsang Province in South Korea in August 2022. (Costco already has a host of international locations.)

This expansion was expected. Bob Nelson, Costco's senior vice president of finance and investor relations, told the Wall Street Journal in January the chain would potentially open as many as 28 locations this year, as Best Life noted in a story discussing the new stores and Insider previously reported.

Costco did not respond for a request for comment about whether it's on track to open 28 stores this year.

Costco reported in March a 16% increase in net sales in its latest second quarter compared to the same period last year and beat analysts' projections on several metrics.

Costco is also winning on traffic, according to Placer.ai's Q1 2022 Top Performers report. It put Costco's traffic for January 2022 as up 6.4% compared to January 2019, with a similar result for February.

Amid high gas prices, people have also signed up for Costco memberships for its lower-cost fuel offerings, Insider reported in March.

Here's the full list of new Costco locations expected in the next six months, according to the retailer's website.

  • Riverton, Utah -May 2022
  • Business Center location in Anjou in Quebec, Canada - June 2022
    • Costco is opening a "Business Center" location with different items that is in addition to another, regular store in Anjou, MTL blog reported last year.
  • North Oshawa in Ontario, Canada -June 2022
  • Mibu in Tochigi Prefecture, Japan -July 2022
  • Auckland, New Zealand - August 2022
  • St. Augustine, Florida -August 2022
  • College Station, Texas -August 2022
  • Murrieta, California -August 2022
  • Verona, Wisconsin -August 2022
  • Gimhae in the South Gyeongsang Province, South Korea -August 2022
  • University City, Missouri -November 2022

Read the original article on Business Insider

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Costco is opening 11 new locations through November – see the full list (2024)

FAQs

Costco is opening 11 new locations through November – see the full list? ›

Costco strategically evaluates potential locations based on factors like population density, market demand, and logistical feasibility. And while Rhode Island, West Virginia, and Wyoming may have missed out on the Costco craze for now, they're in good company with over 600 locations spread across the United States.

Where are the new Costco locations opening in 2024? ›

New Costco warehouses nationwide
  • Richmond, Texas: June 2024.
  • Northwest Omaha, Nebraska: July 2024.
  • Chaska, Minnesota: July 2024.
  • Tomball, Texas: August 2024.
  • Covington, Louisiana: August 2024.
  • Ridgefield, Washington: August 2024.
  • Napa, California: October 2024.
  • Bend, Oregon: October 2024.
Jul 4, 2024

Why doesn't Costco open more locations? ›

Costco strategically evaluates potential locations based on factors like population density, market demand, and logistical feasibility. And while Rhode Island, West Virginia, and Wyoming may have missed out on the Costco craze for now, they're in good company with over 600 locations spread across the United States.

How many days to build a Costco? ›

With MG2 as their program partner, Costco Wholesale has set the bar by creating and maintaining the platinum standard in optimized rollouts: It takes just 110 days from the time construction begins to the moment doors open to their members.

Where is the busiest Costco? ›

The Iwelei Costco in Oahu Hawaii is said to be the BUSIEST in the WORLD so I had to check it out!!

What are the changes in Costco 2024? ›

The Company also announced that, effective September 1, 2024, it will increase annual membership fees by $5 for U.S. and Canada Gold Star (individual), Business, and Business add-on members. With this increase, all U.S. and Canada Gold Star, Business and Business add-on members will pay an annual fee of $65.

Where is Costco opening new stores in 2024 in the UK? ›

According to the publication, the proposed locations include Brighton, Cambridge, Chelmsford, Colchester, Exeter, south Glasgow, Maidstone, southeast London, Portsmouth, Bournemouth, Preston, Wolverhampton, southwest Birmingham and Oxford.

Who owns the majority of Costco? ›

According to the latest TipRanks data, approximately 59.94% of Costco (COST) stock is held by retail investors. Who owns the most shares of Costco (COST)? Vanguard owns the most shares of Costco (COST).

Who shops at Costco the most? ›

Compared to the average American consumer, Costco shoppers are 81% more likely to be Asian, the data said. This affinity for the warehouse chain isn't a new phenomenon, according to experts.

What store did Costco merge with? ›

Over the next decade, both Price Club and Costco Wholesale continued to innovate and grow, and in 1993, the two mega-retailers merged, creating a gifted leadership team that soon made Costco the world's most successful warehouse club.

How much money does an average Costco make in a day? ›

Key Costco Statistics. Costco's total annual revenue in 2021 was $195.929 billion. The daily revenue for one Costco store is around $530,000.

How much do you have to shop at Costco to make it worth it? ›

But if your annual spend regularly tops $3,000, you're better off with the Executive Membership. Every additional dollar you spend after $3,000 will bring your annual fee further and further below $60 and end up saving you money in the long run.

How much does Costco make a year from membership? ›

Annual fees have been one of the biggest profit-generating areas for Costco, helping it offset expenses to keep its prices down. Last year, Costco earned $4.6 billion in revenue from membership fees, an 8% increase from 2022.

What is the #1 selling item at Costco? ›

Toilet paper

Yes, that's right! Costco's best-selling item is its Kirkland Signature Bath Tissue. It sells more than a billion rolls every year, bringing in over $400 million dollars in revenue.

Where is the smallest Costco located? ›

It follows that the smallest Costco must be in one of the smaller U.S. states, right? It's actually in the biggest state by milage (though one of the smallest by population), but in a rather confounding area. The Juneau, Alaska Costco is just 76,696 square feet, a little over half the size of most stores.

Who makes the most money at Costco? ›

Highest paying jobs at Costco Wholesale
RankJob TitleHourly Rate
1Staff Pharmacist$65.08
2Software Developer$55.42
3Director, Membership Marketing$28.59
4Marketing Representative$21.89
16 more rows

Where is Costco opening new stores in 2024 in Las Vegas? ›

Costco is seeking to build a retail building on about 22 acres at the southeast corner of Buffalo Drive and the 215 Beltway, according to documents filed with the county. The building would be just under 158,000 square feet and have a bakery, tire sales, a pharmacy, an optical center and a hearing aid testing area.

Where is the new Costco being built in Cincinnati? ›

Costco closed its Springdale location at the end of 2022 after opening a new store within the $150 million Freedom Pointe development in Liberty Township. Connect with a community of local professionals.

Where is the new Costco being built in Tulsa? ›

Bynum and City Councilor Crista Patrick take a selfie with employees of the new Costco at 46th Street North and U.S. 169 at the store's grand opening on Thursday. The store employs 250 people, General Manager Bill VanHoose said. An aerial shot shows the exterior of the new Costco at 46th Street North and U.S. 169.

Where is Costco opening new stores in 2025 in Florida? ›

Lucie, the only Costco approved to be constructed on the Treasure Coast is in Stuart. That store is tentatively slated to open in the summer of 2025. "Bringing in ... a company like Costco into Port St. Lucie is really amazing," Jennifer Davis, the director of the Port St.

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