Costco Announces International Expansion Plan; Six U.S. Stores to Open in March



Costco Announces International Expansion Plan; Six U.S. Stores to Open in March


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ISSAQUAH, WA - Recent reports have revealed Costco's plan to open a total of nine new warehouse locations around the world this year. Six of the new locations will be beginning operations in cities across the U.S. in the coming weeks, according to Fox Business.

An announcement on the club chain's website stated that stores are set to open in Brentwood, California; Highland, California; Prosper, Texas; Weatherford, Texas; Genesee County, Michigan; and Sharon, Massachusetts, in March 2025.

Costco announced it is increasing pay for most of its hourly U.S. store workers
Recent reports have revealed Costco's plan to open a total of nine new warehouse locations around the world this year

Stuart, Florida, will get a store of its own the following month, as will Minami Alps in Japan—and later this year, with no determined date, a Costco is coming to Ardeer, Australia, the source explained.

Ron Vachris, Chief Executive Officer, Costco
Ron Vachris, Chief Executive Officer and President, Costco

"We continue to project 29 openings during fiscal year '25, of which three will be relocations and so 26 net new buildings," Costco CEO and President Ron Vachris noted in a December 2024 earnings call. "Ten of those warehouses will be outside of the U.S."

"We see some great opportunities in Canada and Mexico have been strong countries for us. We continue to see growth opportunities both in Europe and Asia, as well," Vachris added.

Costco's January sales results reported net sales of $19.51 billion for the retail month of January, which is a 9.2% increase from last year.