Costco to Accelerate Warehouse Openings

ISSAQUAH, Wash. — Costco Wholesale Corp. here said Wednesday it would accelerate warehouse openings next year to between 27 and 30 — its biggest expansion since 2007.

Capital spending will increase between 20% and 33% — to between $1.8 billion and $2 billion, compared with $1.5 billion spent in fiscal 2012 to open 16 locations, Richard A. Galanti, executive vice president and chief financial

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish