Costco has been a household forever it seems now. Theirs is a business that continues to expand even more as time goes by – due to the immense popularity of their services.
In this article, I will be discussing where is Costco opening new stores in 2024 and other things related to them. Keep reading till the end to find out more information on the same!
About Costco
Costco is a multinational wholesale corporation that primarily operates a chain of retail stores. They are essentially a warehouse club – that just indicates that they are known to sell goods in bulk and at heavily discounted prices.
Origin
The origin of Costco dates back to the year 1976 – when it opened back in the region of San Diego, under the name of Price Club.
It was located in a convertible airplane hangar on San Diego’s Morena Boulevard. Their company had originally served only very small businesses before, but then later on expanded to include other members of non-business as well.
Opening Hours
Their stores remain open between the hours of 10 AM and 8.30 PM during the weekdays. On Saturdays, they operate from 9.30 PM to 6 PM, and on Sundays, they remain open from 10 AM to 6 PM.
Keep reading till the end to find out about where is Costco opening new stores in 2024!
Holidays
Their stores remain closed on these days – Independence Day, Easter Sunday, Memorial Day, Thanksgiving, New Year’s Day, Christmas and Labor Day.
Costco Membership
Getting a Costco membership is going to let you buy most of the items available at their retail stores. If you do not have a membership card then you will only be able to buy a very basic and limited list of items from their retail stores.
There are three types of memberships that are available for their stores – Executive ($120/year), Gold ($60/year), and Business ($60/year).
Net Worth
Costco’s market cap or net worth is $249.87 (at the time of writing). This effectively makes Costco one of the 34th most valuable companies in the world. The market cap of Costco increased by 10.54% in the past year.
Just a bit further up ahead I will be discussing “Where is Costco opening new stores in 2024”!
Current Locations
Costco till now has about 855 warehouses located worldwide. The locations where their outlets are located are:
| United States (587 outlets) | Australia (15 outlets) |
| France (2 outlets) | Korea (18 outlets) |
| Japan (32 outlets) | Mexico (40 outlets) |
| United Kingdom (29 outlets) | New Zealand (1 outlet) |
| Taiwan (14 outlets) | Iceland (1 outlet) |
| China (4 outlets) | Spain (4 outlets) |
| Sweden (1 outlet) | Canada (107 outlets) |
Upcoming Stores 2024
Wondering where is Costco opening new stores in 2024? Well, Costco has plans to open up more stores in various regions. They are planning to open up 14 more stores in the United Kingdom (that includes locations like Exeter, Cambridge, Colchester, and Oxford. They are also planning to open up stores in the region of Spain, Sweden, and the United States.
Particularly in the region of the United States, they are planning to open up, particularly in the regions of – Texas, Louisiana, California, Michigan, and Tennessee.
Perks Of Purchasing From Costco
Costco is people’s favorite and comes with a lot of perks for the regular shoppers at their retail stores. Here is a list of some of the
Competitive Prices
Costco is a very reputable outlet that provides people with items at affordable rates. Competitive prices are also not limited to any particular category of items and apply to all available stuff at their stores – clothes, electronics, groceries, furniture, and more.
You can expect to get a great deal anytime you visit their stores.
Free-Tech Support On Their Store Bought Electronics
The Costco retail stores have a great selection of electronic items – that includes computers, TVs, video game consoles, and cell phones. The prices of the aforementioned items are going to be priced low, due to the competitive nature.
A great pros to buying tech stuff from here is that they provide free support through their service of Costco Concierge.
Tip: If you have missed out on my answer on where is Costco opening new stores in 2024, then I answered it in a few sections before.
Extended Warranty
In most of the retail stores, if you want to get an extended period of warranty on your made purchases, then generally you would be required to buy a warranty card for some extra money. This is not the case with Costco!
Costco auto-adjusts the warranty of purchased items like – major electronics and appliances for up to two years from the date of purchase.
Bulk-Buy
Normally, buying in bulk/loads is known to save up a lot of money – this proves to be beneficial as long as you don’t buy anything you don’t need. You can consider purchasing in loads when going for household essentials and food items.
If you particularly have a large family, then this would be the ideal place for you to visit.
Great Return Policy
On the majority of the products, Costco offers up to a hundred percent guaranteed satisfaction. There are also some items which cannot be returned like cigarettes and alcohol.
However, some products and items can be returned to their retail stores within 90 days (for instance, it applies to major appliances and electronics).
There are also other forms of items that they accept “return” of even when you do not have their receipt.
High-Quality Products
Their store selection of products consists of store brands. There are a lot of them which are very popular among the common folks who frequent Costco outlets. For example, Kirkland Signature offers their products twenty percent cheaper than the other products of other comparable brands.
Costco Gas Station Services
The warehouse clubs of Costco often have the lowest prices of gas in the area. There have been analysts who found that the gas prices of Costco were about $0.05 – $0.26 cheaper than the other gas stations.
It is also not like they compromise the quality of gas and provide people with poor-quality ones. They provide gas that meets high-quality standards.
To Wrap It Up!
Costco continues to grow exponentially in the present years, because of their service quality and ethical workplace standards. If you have never tried out their services before, then I would personally suggest giving it a try.
Thank you for reading up till here. I hope you found the information regarding where is Costco opening new stores in 2024 and other things useful.
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