COSTCO WILL FOCUS ON EXISTING MARKETS

ISSAQUAH, Wash. -- Costco Wholesale Corp. here said last week that it plans next year to build two-thirds of its new warehouse clubs in markets where it currently operates, in marked contrast to its previous strategy of focusing on new market openings.During a conference call with industry analysts following the release of the company's results for the fourth quarter and fiscal year ended Sept. 1,

ISSAQUAH, Wash. -- Costco Wholesale Corp. here said last week that it plans next year to build two-thirds of its new warehouse clubs in markets where it currently operates, in marked contrast to its previous strategy of focusing on new market openings.

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