COSTCO TO OPEN 25 MORE CANADIAN STORES

Craig Patterson
Craig Patterson
Now located in Toronto, Craig is a retail analyst and consultant at the Retail Council of Canada. He's also the Director of Applied Research at the University of Alberta School of Retailing in Edmonton. He has studied the Canadian retail landscape for the past 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees. He is also President & CEO of Vancouver-based Retail Insider Media Ltd.

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Costco plans on opening as many as 25 more Canadian stores. New stores will open in Ontario and several Western Canadian provinces. Metro areas targeted for new stores include Montreal, Toronto and Winnipeg.  Selected communities in Alberta and Saskatchewan will also be considered.

Costco is the fourth-largest retailer in America with almost 630 stores and about $100 billion in sales. In Canada, it has over 80 locations and hopes to have about 110 Canadian stores as its final build-out.

Our source for this article’s information is Holly Shaw of the Financial Post. She received this information from announcements made by Costco senior VP Louise Wendling and Costco co-founder Jim Sinegal during the Retail Council of Canada’s Store 2013 conference being held this week in suburban Toronto. 

[Source]

[Costco website]

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11 COMMENTS

  1. They keep telling us that there will be a Costco in Collingwood, but it’s been years and still no sign of one. How long before they get one. Right now, I have to travel 3 hrs. one way to get to one – then 3 hrs. back.

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