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Costco opening 7 new stores in August with more locations planned as expansion continues
Costco said the expansion is part of a plan to open 26 new stores this year and keep adding warehouses worldwide.
Costco plans to open seven new warehouse locations next month across the U.S., including sites in Albany, New York; NYOconomowoc; WIOtsego; MNMansfield; TXCelina; TXStone Mountain; and GALee's Summit.
Targeting over 30 net new openings annually, Costco President and Chief Executive Officer Ron Vachris stated, "Our real estate operations team continues to focus on increasing our pipeline of new warehouses."
The Costco currently operates 928 locations worldwide, serving 82.9 million paid members with The Executive Membership at $130 annually and the Gold State Membership at $65.
Residents in Buffalo, New York, are awaiting their first local warehouse in Amherst, scheduled to open this fall; currently the closest Costco remains 75 miles away in Rochester.
International expansion continues with a new location in Taiwan opening this month, following June launches in Syracuse, Utah, and Pensacola, Florida.