Costco Aims to Add New Units, Streamline Efficiency

BELLEVUE, Wash. Costco Wholesale Corp. said it plans to improve its financial picture in 2007 by boosting warehouse unit numbers and stripping out operational inefficiency, executives said at the company's annual shareholder meeting here last month. Jim Sinegal, president and chief executive officer, told the audience that on average each warehouse is grossing $129 million annually, which he said

BELLEVUE, Wash. — Costco Wholesale Corp. said it plans to improve its financial picture in 2007 by boosting warehouse unit numbers and stripping out operational inefficiency, executives said at the company's annual shareholder meeting here last month.

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