ISSAQUAH, Wash. — Costco Wholesale Corp. here said Tuesday it hopes to accelerate the number of warehouse openings to 30-plus over the next few years.
“The U.S. club market is still under-stored, and there are virtually no markets in which the format would not work,” said John Heinbockel, managing director at Guggenheim Securities, New York.
Richard Galanti, executive vice president and chief financial officer, said the company expects to open 28 locations this year ...
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