Costco is increasing and has introduced plans to open six new places in early 2025.
The subscription warehouse big will surpass greater than 900 places worldwide with the brand new additions, scheduled to open in March 2025.
Two of the brand new shops might be in Texas and two in California, the state the place Costco opened its 897th retailer in Pleasant on Nov. 27, with folks tenting out to be among the many first to enter. The opening in Pleasanton set a brand new document for Costco for the best opening day by day gross sales ever for a U.S. warehouse at $2.9 million, CEO Ron Vachris mentioned earlier this month on a name with funding analysts on December 12.
Costco lately introduced it’ll open six new shops in March 2025. Here are the places and scheduled opening dates (if obtainable):
The firm plans to open 29 new places throughout fiscal 2025, which runs by means of Aug. 31, 2025. Of these, 26 might be new buildings and three might be relocated. Ten of the brand new places might be outdoors the United States, Vachris mentioned earlier this month.
During the primary quarter of the corporate’s 2025 fiscal 12 months, a three-month interval that ended Nov. 24, Costco opened seven new buildings, 4 outdoors the United States, of which one was a relocation from a earlier retailer, it mentioned .
After Costco raised membership costs in September for the primary time since 2017, the worth of an annual Costco membership elevated from $60 to $65 for US and Canadian Gold Star memberships, and government memberships elevated from $120 to $130, with the utmost annual reward of two% related to growing the variety of government members from $1,000 to $1,250.
Revenue from membership charges elevated 7.6% within the firm’s first quarter of fiscal 2025, which ended Nov. 24, to $1.17 billion, in comparison with $1.08 billion in a 12 months in the past, the corporate mentioned.
Costco has 77.4 million paid memberships, almost half (47%) of that are government memberships, the corporate mentioned earlier this month.
The firm additionally started putting in scanners in warehouses this 12 months, requiring members to scan their playing cards to enter some shops. And Costco is anticipated to cease promoting books in most of its shops after the vacation procuring season.
Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.
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This article initially appeared on USA TODAY: New Costco locations opening in 2025: See the list of future warehouses
