Costco plans to open new locations at a quicker pace as it tackles busy warehouses
1. Costco plans to open 35 new warehouses this fiscal year, up from 27 last year. 2. Relocations will allow Costco to mitigate crowding in busy locations. 3. New warehouses promote quick sales growth in newly entered markets. 4. Older warehouses can be converted to business centers for larger customers. 5. Expansion also offers career opportunities as Costco remains a top retail employer.