Retail News

Costco open new clubs as part of $4B capex budget

The Wall Street Journal 01/11/2022

Costco Wholesale Corporation plans to invest $4 billion in capital expenditures this fiscal year, up 10 percent from 2021 and 42 percent more than 2020. The warehouse club retailer, which opened 20 new locations last year, plans to open 28 in 2022.

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