Costco: Australia in '09

Costco said it hopes to expand into Australia next year but has not yet made a decision to enter China. Costco executives made the comments during presentations at the company's annual shareholder's meeting last week. The Issaquah, Wash.-based company, which currently operates 531 warehouses in the U.S. and six other countries, also confirmed that it is on track to open 19 to

BELLEVUE, Wash. — Costco said it hopes to expand into Australia next year but has not yet made a decision to enter China.

Costco executives made the comments during presentations at the company's annual shareholder's meeting here last week.

The Issaquah, Wash.-based company, which currently operates 531 warehouses in the U.S. and six other countries, also confirmed that it is on track to open 19 to 21 more membership stores (including four or five relocations) before it

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