Costco Slowly Shifting Sights to International Shores
Issaquah-based Costco is giving more weight to international stores in its plans for expansion, as recovery in Europe presents new opportunities.
Costco Wholesale is gradually putting more chips overseas as it outgrows the U.S. market and green sprouts in a still shaky European economy present opportunities to the retail giant.
Fourteen of the 30 warehouses the Issaquah-based company plans to open during its fiscal 2014 are overseas, including two in Spain, the company’s first foray into continental Europe.