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Costco outlines plans for US, international growth

Costco outlines plans for US, international growth

Costco will open a total of 27 new stores this fiscal year, including 15 in the US, three relocations and the warehouse retailer’s first stores in Sweden and New Zealand, which opened in the fiscal first quarter. Also in the first quarter, Costco reported increased spending among affluent shoppers, reduced its excess inventory and booked same-store sales growth of 7.1%. Insider

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