COSTCO PLANS TO OPEN 28 NEW STORES in 2022

  • 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


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