Costco will open 27 warehouses in the fiscal year 2025, which increases its global presence

Costco plans to open more than ten new sites in the fiscal year 2025.

“In this fiscal year, we expect to open 27 new warehouses, including three transfers for a total of 24 new buildings,” said CEO Ron Fasrees. Retail stores warehouse Reconciliation of the third quarter.

CISCO CEO told analysts and investors that the number of global warehouses for Costco will reach 914 by the end of the fiscal year.

Costco sees standard fuel sales after extending the fuel station hours

The company is looking to launch it 10 Costco sites In the fourth quarter.

Among them will be the Costo’s second warehouse in Sweden, 20 in South Korea and 110 in Canada, according to Fashris.

He said that the retailer opened nine warehouses “including transport in Melbourne, Australia, our thirty -seventh warehouse in Japan and seven pure new American sites” since it made a profit of March 6.

As of mid -May, the company’s retail stamp extended to 905 warehouses around the world, including 624 in the United States and 281 in other countries, according to its separate financial report.

Costco stores about 4000 elements in its warehouses. Its sites often provide “help” work such as fuel stations, pharmacies, food courts, visual centers and tire installation centers.

The retail seller extended hours of gas stations in North America a few months ago, which increased revenues.

Costco had “two of the highest weeks of our gallons ever” in the United States in April, due to “a mixture of expanded fuel station watches, new fuel station openings and lowering prices in the pump,” according to Fashir.

He also said that the company continues to follow various ways to “improve the experience of members” in retail seller warehouses, and informed analysts and investors “to search for many new technological pilots who focus on them to help our members verify through our front end at a faster pace.”

Costco recently “is involved in some test” Scans & Go “by Costco in some warehouses, According to Chris.

Costco be sure of the “scanning and giving up” exit technology test to accelerate long lines

He said technology “was very successful in transporting people across the lines, while expediting transactions.”

Costco believes digital Technology It is “the important parts of our future growth” so “investment to improve the experience of organs”, according to the CEO.

In mid -May, the company began to allow US customers to pay for large online purchases with a purchase now, and to pay subsequent options through a new partnership with confirmation.

Costco is starting now, and later paid for online purchases by confirming

By purchasing the subsequent service now, accredited Costco members can “pay over time” for $ 500 to $ 17,500 who make a purchase on the retail site in warehouses.

Costco was “happy with the results of the initial sales” of this new offer.

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