Costco should make great expansion
Experts predict that the store will make tons of additions in the future.
Pandemic coronavirus has customersspend more On grocery stores and shops benefit.Costco is safe isAnd the experts think that increased sales will pay for the wholesale chain for the coming years.
The fans of the store loved bulk items at low prices before the start of the stay orders at home, but this year was numerous. Sales in July increased by 8.8%, which represented $ 149.66 billion, according toMarket watch. So, what will the company do with all these extra sales? Analysts say there may be many new stores soon.
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Costco could "increase its US store base of more than 400 warehouses or about 75% over time," said an expertBarron, adding that "we consider the growth of the Costco unit as an incremental driver of the company, which helps it to further expand its total portfolio and purchase portfolio of the American scale"
The addition of 400 warehouses would almost double the current amount. In the United States and Puerto Rico,543 locations Offer beloved updated products by so many (includingThis essential cleaning supply People run at the store to get). There is alreadyFive stores and two delivery centers Ready to open before September is over.
Considering that they have gone from around 600 stores in 2011 to nearly 800 in 2018, experts say a double expansion this size in less time would be an excellent reason to participate in the brand if you have not done so yet . A path is through the stock market. Yes, if you plan to buy a participation in the giant wholesale is now time.
Analysts also believe that COSTCO could expand their international presence through the increase in sales of this year. From January, there are nearly 250 warehouses outside the United States.
Overall, it's a good time to be a member. here is30 price cheap costco who make the sentence adhesion.