The warehouse chain is planning to invest $4Billion in its business in fiscal 2022, per a WSJ report.
Known for its deals and discounts on bulk goods, the company has flourished during the pandemic.
Analysts say the chain is also benefitting from the inflationary environment in which customers favor deals and discounts.
Costco encourages customers to keep coming back to their stores by offering in-store services like pharmacies, optical shops, inexpensive gas and a treasure-hunt shopping experience.
The warehouse chain operates 828 stores globally.
by Business Insider