Costco conquers the world
Wednesday, March 25, 2026
Costco Wholesale Corp. maintained momentum during its holiday quarter with better-than-expected earnings and sales fueled by strong consumer demand in-store and online.
On the company’s earnings call, executives said Costco expects to have 28 net new openings in its current fiscal year, and is targeting 30-plus new opening annually in the “coming years.”
Costco currently operates 924 warehouses, including 634 in the United States and Puerto Rico, 114 in Canada, 42 in Mexico, 37 in Japan, 29 in the United Kingdom, 20 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, three in France, two in Sweden, and one each in Iceland, and New Zealand.
Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan and Australia.
(And we have one of our very own, here in Shoreline!)Costco will open its first stand-alone gas station in Mission Viejo, Calif., reported USA Today, on the site of a former Bed Bath & Beyond store. The 40-pump station will be Costco’s first fuel station that is not co-located with one of its stores. Similar to the retailer’s other gas stations, it will be open only to Costco members.
A second standalone Costco gas station is planned for Honolulu, the report said. It is slated to open in 2027.
(And we have one of those, too, just not quite as big)
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1 comments:
Costco's moves toward having standalone gas stations is very interesting. I expect they'll do quite well, and if they do, I hope they'll move quickly to add more. I can think of many locations where a standalone Costco gas station would do quite well even in the absence of a traditional Costco store, with Aberdeen being a prime example (anyone who has jouneyed out to the coast knows how busy the Safeway and Arco stations are out there). And given Costco's tendency to have lower fuel prices, it could not be more timely.
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