Costco is preparing for another wave of growth across North America, with more than a dozen new warehouse clubs expected to open in the United States and Canada in the coming months.
The retailer has already expanded its footprint this year, adding locations across California, Florida, Georgia, Minnesota, New York, Texas, Utah and Wisconsin. Costco has also continued its international growth with new stores in Mexico and Taiwan.
More openings are now on the calendar before the year comes to a close, underscoring Costco’s steady push into new and growing markets.
In October, five new Costco warehouses are scheduled to debut in Lee’s Summit, Missouri; The Colony, Texas; Amherst, New York; Lawrence, Kansas; and Camarillo, California.
The expansion is set to continue in November, when Costco plans to open nine more warehouses, including four in Canada: Northeast Edmonton and Lloydminster in Alberta, along with East Windsor and Wasaga Beach in Ontario.
The US stores set to open in November will be in South Meridian, Idaho; Vallejo, California; Chandler, Arizona; Newport News, Virginia, and Franklin, Wisconsin.
For some of the new stores, Costco is just relocating within the same city.
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For example, the warehouse set to open soon in Newport News is replacing a store that has been in the city since 1988, after Costco purchased a 32-acre property a few blocks from its current warehouse, aiming to build a 163,000 square-foot retail warehouse and fuel station.
Costco is also planning to open warehouses in even more communities.
Downey, California, approved a plan earlier this year for a new store, while proposals were submitted over the summer in Charleston County, South Carolina, and Hillsborough County, Florida, according to local media.
The company is also exploring possible warehouses in Fresno, California; Lake St. Louis, Missouri; Southborough, Massachusetts; Silver Spring, Maryland; Scottsdale, Arizona, and Des Plaines, Illinois.
Despite the expansion plans, Rhode Island, West Virginia and Wyoming will have to wait for now, as Costco is not expected to expand into any new states.
This comes after CEO Ron Vachris said earlier this year that the company wants to open 30 or more warehouses annually over the next five to 10 years.
About half of those would be new warehouses in the US, while the remainder would open in locations around the world, with Vachris pointing out Mexico, Canada, Asia, Europe, Australia and New Zealand as potential spots for some of the future warehouses.