Costco Eyes Several New Locations as Growth Plans Advance
UNITED STATES; CANADA - If you can’t tell already, Costco has completely won us over here at AndNowUKnow. With the company’s recent expansion into Arkansas hitting the newswire just last month, we were quick to jump on not one, not two, but three new expansions announced last week. The big-box retailer will continue capturing the hearts of shoppers across the continent as it makes plans for its latest facilities in Idaho Falls, Idaho; Oklahoma City, Oklahoma; and Belleville, Canada.
According to EastIdahoNews.com, city officials recently released the news that construction is underway on a new 150,000-square-foot facility to be occupied by Costco. Reports note that the building was scheduled for completion in August, although the exact date is unclear as the company has yet to comment on the new store.
The Oklahoman reported that Costco is also in negotiations to open a new operations center in Oklahoma City after also eyeing locations in Nevada and New Mexico. Mike Stratis, President of Intrepid Properties, the company that oversees site selections for Costco, noted that the plans are not yet finalized.
“We don’t have anything to announce yet, but we hope to, shortly,” Stratis said. “We hope to be able in the next couple of weeks to do that.”
While the rumors have flip flopped in regards to Costco’s upcoming facility in Belleville, Canada, the city’s mayor recently confirmed that the store is most definitely coming. News source The Intelligencer reported that this store will be 155,000 square feet with a gas bar built in as well.
Can you hear that? I think it’s more whispers of future Costco expansions! Follow along with us at AndNowUKnow as we keep on the retailer’s trail.