One retail name that consistently comes up in our conversations with industry operators is Costco. The chain is highly influential in the food industry, and is growing even more powerful by setting in motion a plan to significantly expand its footprint over the next several months.
According to BGR, as many as 28 new Costco stores are set to open throughout the rest of this year, with nearly a dozen cutting the ribbon in a matter of months. First up on the grocer’s list is its newest location in Utah, which opens later this month on May 19. Several other locations have already been announced, including some in international markets.
As noted by the source, some of the other locations include:
This international expansion blueprint is an obvious continuation of the company’s ongoing growth, as it recently revealed a $3.4 billion gain back in March.
We look forward to seeing these new stores come to fruition as Costco continues to make its mark on the retail sector.
