3 weeks ago
Costco has expanded its footprint crossed nan U.S. pinch complete 600 warehouses – and much than 270 others successful countries crossed nan world – but 3 U.S. states still don’t person a location of nan membership-only chain.
The states that still don’t person a Costco are Rhode Island, West Virginia and Wyoming, according to a nationwide storage database connected Costco’s website.
Until recently, that database besides included Maine. Residents successful nan Pine Tree State tin now bask nan big-box store’s celebrated $4.99 rotisserie chickenhearted aliases $1.50 basking canine aft a location opened extracurricular of Portland, its largest city, successful November.
Costco has plans to unfastened a location successful Rhode Island, pinch section news stations reporting that respective communities were courting nan wholesale concatenation arsenic precocious arsenic February. As of April, nary plans person been confirmed.
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Costco does not person storage locations successful Rhode Island, West Virginia aliases Wyoming arsenic of April 2024. ( / iStock)
With nan retailer’s popularity, why don’t these 3 states person astatine slightest 1 Costco storage while states for illustration California person 137?
One awesome facet is organization size, according to Food Republic. Citing an analytical study published by Medium, nan outlet reported that employment, median family income and projected organization maturation adjacent imaginable storage locations besides play a domiciled successful nan company’s determination to unfastened a caller store.
Costco has much than 600 storage locations successful nan U.S., and much than 270 successful different countries crossed nan world. (Joe Raedle/File / Getty Images)
Despite lacking locations successful 3 states, nan storage concatenation reported an summation successful its full rank during its second-quarter net telephone past month.
THE PERKS OFFERED TO COSTCO, BJ'S WHOLESALE AND SAM'S CLUB MEMBERS
The institution reported that its total number of cardholders increased to 132 cardinal arsenic of nan extremity of nan 2nd quarter, a 7.3% summation complete nan aforesaid play a twelvemonth ago.
Costco reported that its full cardholders accrued to 132 cardinal astatine nan extremity of nan 2nd quarter. (Tim Boyle/File / Getty Images)
In nan 2nd quarter, nan retailer brought successful $1.1 billion from rank fees, an summation of much than 8% from nan astir $1.03 cardinal it notched successful nan aforesaid 4th a twelvemonth earlier, and reported $58.44 cardinal successful second-quarter revenue, beneath analysts' estimates of $59.16 billion.
| COST | COSTCO WHOLESALE CORP. | 729.18 | +7.32 | +1.01% |
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The membership-only storage nine chain’s first location opened successful 1976 successful San Diego arsenic Price Club. In 1983, nan first Costco warehouse opened successful Seattle.
FOX Business Digital’s Aislinn Murphy contributed to this report.
