Costco set to expand with 14 new warehouses across US and Canada
Costco Wholesale Corporation is expanding its physical footprint with a new location in Irondale, Alabama, scheduled to open by Thanksgiving 2028. The store is planned for 4514 Grants Mill Trail near I-459 and the Mercedes-Benz dealership. This development follows recent financial momentum for the retailer, which reported $30.02 billion in sales for the five-week period ending October 4, 2026. That sales figure marked a 13% increase from the same period last year, driven by higher customer traffic and strong gasoline demand. The company also maintains broader expansion projects, including sites in Ontario and California.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ Costco shares were trading at $954.63 as of October 13, 2026.
What changed
A specific opening target of Thanksgiving 2028 was announced for the new Irondale, Alabama warehouse location.
Live updates
-
Irondale Costco Targets Thanksgiving 2028 Opening
Costco Wholesale Corporation is expanding its physical footprint with a new location in Irondale, Alabama, scheduled to open by Thanksgiving 2028. The store is planned for 4514 Grants Mill Trail near I-459 and the Mercedes-Benz dealership. This development follows recent financial momentum for the retailer, which reported $30.02 billion in sales for the five-week period ending October 4, 2026. That sales figure marked a 13% increase from the same period last year, driven by higher customer traffic and strong gasoline demand. The company also maintains broader expansion projects, including sites in Ontario and California.
Why it matters
Costco shares traded at $954.63 as of October 13, 2026, with trailing and forward price-to-earnings ratios of 45.51 and 40.32, respectively. The retailer operates within a competitive retail environment alongside peers like Walmart and BJ's Wholesale Club. While aggressive warehouse development underpins the bullish investment thesis for the stock, actual opening timelines can fluctuate based on capital expenditures and development schedules.
What is confirmed
- Costco shares were trading at $954.63 as of October 13, 2026.
Still unconfirmed
- The new Costco in Irondale is planned for 4514 Grants Mill Trail near I-459 and the Mercedes-Benz dealership with a target opening date of Thanksgiving 2028.
What to watch next
- Confirmation of construction milestones for the Irondale, Alabama location ahead of the 2028 target date.
- Updates on fiscal 2027 warehouse opening figures and actual project timelines.
confidence 80%Sources used for this update (4)
- www.storelocators.com — Costco Store List (761 Locations) - Oct 2026
- finance.yahoo.com — Costco (COST) vs. WMT and BJ: Can New Warehouses and Digital ...
- www.futuremarketinsights.com — Stretch Films Market Size, Share, Trends 2036
- www.wvtm13.com — Irondale’s new Costco set to open by Thanksgiving 2028
-
Costco Expands Warehouse Footprint Across North America
Costco Wholesale Corp generated $30.02 billion in sales during the five-week period ending Oct. 4, 2026, marking a 13% increase from the same period last year driven by higher customer traffic and strong gasoline demand. This financial momentum coincides with aggressive expansion plans, including seven new warehouse projects in Ontario and upcoming store sites in regions like Oakland, California. The retailer also maintains projected fiscal 2027 warehouse opening figures, although previous tracking indicates actual openings can fluctuate based on capital expenditures and development timelines.
Why it matters
Physical store growth remains central to the membership retailer's business model, funded in part by steady checkout cash and membership revenue. Regional expansions target underserved markets, such as Northwestern Ontario, while urban projects like the Oakland site generate local employment. These real estate investments run parallel to broader digital and delivery offerings.
What is confirmed
- Costco Wholesale Corp generated $30.02 billion in sales during the five-week period ending Oct. 4, 2026.
- September sales increased 13% compared with $26.58 billion during the same period last year.
- Costco expansion plans for Ontario include seven new warehouses, with recent sites announced in Belleville and Thunder Bay.
Still unconfirmed
- Costco plans 28 net new warehouses in fiscal 2027, down from 30 planned last year with 25 actually opened.
What to watch next
- Official announcements confirming construction timelines for the new Ontario and Oakland locations.
- Fiscal 2027 capital expenditure reports regarding the exact count of net new warehouse openings.
confidence 90%Sources used for this update (14)
- www.costco.ca — Welcome to Costco Wholesale
- tires.costco.com — Tires: Shop for Car, SUV & Truck Tires - Costco | Costco Tires
- www.marketscreener.com — SPAR Canada and ReposiTrak Launch Touchless Retail™ for the Canadian Market to Deliver Professional Merchandising at Half the Traditional Cost
- marginalrevolution.com — Does Costco Cause Cancer? - Marginal REVOLUTION
- shopappy.com — Costco warehouse openings: 28 planned, 25 likely in FY27
- www.insauga.com — Costco expansion plans grow to seven new Ontario stores
- www.mercurynews.com — Costco might employ hundreds of people at new Oakland store ...
- www.cbj.ca — Anthem and Rencor Sign Costco to Springbank’s Bingham ...
- www.fox10phoenix.com — Chandler - FOX 10 Phoenix
- as.com — Costco abrirá 33 nuevas tiendas próximamente: cuándo y dónde
- www.dividendchannel.com — COST Dividend History: Yield, Payout Dates & Costco Wholesale Corp Dividend Data
- floridadaily.com — Costco Reports 13% Sales Increase as Gasoline Demand Surges
-
Costco Schedules 14 New Warehouse Openings Across US and Canada
Costco is preparing to roll out 14 new warehouse locations across the United States and Canada through October and November. Five US sites are slated to open in October, followed by nine additional locations across the United States and Canada in November. This rollout precedes a larger expansion strategy that includes 33 new warehouse openings planned for fiscal 2027. The upcoming store openings aim to shorten commutes for shoppers in the affected regions while the company continues broader investments in digital delivery and member pricing.
Why it matters
The scheduled autumn openings demonstrate Costco's ongoing physical expansion following financial maneuvers such as reinvesting $184 million in fourth-quarter tariff refunds to lower prices. Meanwhile, market observers track the retailer's long-term value against historical milestones, including Berkshire Hathaway's 2020 share sale. CEO Ron Vachris previously outlined a $7.5 billion capital expenditure plan to support wider network growth.
What is confirmed
- Five US Costco locations are scheduled to open in October.
- Nine additional Costco warehouses are listed to open across the United States and Canada in November.
What to watch next
- Specific city and state announcements for the October and November warehouse openings
- Further details on the fiscal 2027 warehouse opening schedule
confidence 90%Sources used for this update (6)
- economictimes.indiatimes.com — costco: Latest News & Videos, Photos about costco | The ...
- retailshout.com — Costco Is Opening 11 New Stores—Is One Near You ...
- www.yahoo.com — Costco Is Opening New Warehouses This October and ... - Yahoo
- finance.yahoo.com — 10 Costcos are opening up soon, and more are on the way
- easyeverydayrecipes.com — Costco Is Opening New Warehouses This October, Here’s Where ...
- eng.pressbee.net — Costco Is Opening New Warehouses This October and Here’s ...
-
Costco announces 33 new warehouses for fiscal 2027 amid $184M tariff refund
Costco is expanding its footprint with 33 new warehouse openings planned for fiscal 2027, including 19 locations in the United States. CEO Ron Vachris announced the growth during a recent earnings call, supported by a $7.5 billion expansion plan that includes digital delivery improvements. Additionally, the company received $184 million in tariff refunds during its fourth quarter. Costco stated that the majority of these funds were reinvested to lower grocery and member prices. This follows a scheduled late 2026 rollout of 14 warehouses across the US and Canada.
Why it matters
The expansion comes as investors weigh a strong fiscal 2026 finish against concerns over slowing membership growth. The company is utilizing a strategy of entering new markets and replacing old facilities to increase total capacity. This growth is backed by resilient member spending.
What is confirmed
- Costco plans to open 33 new warehouses in fiscal 2027.
- The company received $184 million in tariff refunds in its fourth quarter.
- Costco reinvested the majority of tariff refunds into lower prices for members.
- CEO Ron Vachris announced the new locations during an earnings call.
- Costco is opening five new warehouses in October 2026.
Still unconfirmed
- Costco will open 19 new US locations in 2027.
What to watch next
- Confirmation of specific city locations for the 33 fiscal 2027 warehouses
- Quarterly reports on membership growth rates
- Details on the digital delivery expansion spending
confidence 95%Sources used for this update (23)
- nypost.com — McDonald’s promises to bring back colorful PlayPlaces in bid to win over frustrated parents
- nypost.com — Costco receives $184M in tariff refunds, says most will go toward lower costs for members
- nypost.com — Meta's Facebook found liable for deceiving users in Cambridge Analytica scandal
- www.foxbusiness.com — Shopping - Fox Business ,Saving & Investing
- stocktwits.com — COST Stock Wrapped Its Best Week Since May: Analysts Still See Multiple Growth Drivers For Costco Despite....
- stocktwits.com — Why Is NU Stock Slipping In Premarket Trading Today?
- www.shopify.com — Instagram Marketing: How To Create Your New 2026 Strategy
- capitaldigest.com — Costco Plans 33 New Warehouses, Explains Tariff Refunds
- nypost.com — Costco announces another 19 US locations for 2027 - New York Post
- finance.yahoo.com — Costco Just Unveiled a Massive $7.5 Billion Expansion Plan
- www.costco.com — Welcome to Costco Wholesale
- www.costco.com — Grocery & Household Essentials - Costco Wholesale
-
Costco to open 14 warehouses across US and Canada by November
Costco is opening 10 new warehouses in the United States and four in Canada over the next two months. Five US locations in Missouri, Texas, New York, Kansas, and California open in October. Nine more warehouses follow in November, including the four Canadian sites in Alberta and Ontario. This growth strategy combines entries into new markets with the replacement of existing facilities to boost total capacity. The company intends to finalize these specific openings before the end of 2026.
Why it matters
This expansion reflects a broader North American growth strategy. The company is upgrading older sites to handle higher volumes while entering new communities.
What is confirmed
- Costco is opening 10 new locations in the US and four in Canada over the next two months.
- Confirmed October openings include sites in Missouri, New York, and California.
- Four new stores will open in Canada this fall.
Still unconfirmed
- Costco has additional warehouses planned for Canada in 2027.
- Kirkland motor oil prices rose to $58 a case with new weekly purchase limits due to Middle East supply disruptions.
What to watch next
- Confirmation of specific city locations for the November openings.
- Announcement of the 2027 Canadian expansion schedule.
confidence 90%Sources used for this update (5)
- www.yahoo.com — New Costco locations are coming in October and November — see the full list
- www.grocerybusiness.ca — Costco to open four locations in Canada this fall, with additional warehouses planned for 2027
- www.foxbusiness.com — Costco raises price of Kirkland motor oil and limits how much shoppers can buy
- www.verticalfarmdaily.com — HelloFresh’s research shows that salads are now Britain’s go-to heatwave meal
- www.ktvu.com — Costco opening 10 new stores in the US and 4 in Canada as expansion continues - See where
-
Costco to open 14 new warehouses in US and Canada by late 2026
Costco is expanding its footprint with 14 new warehouse openings across the United States and Canada. Five locations are scheduled for October, including sites in Missouri, Texas, New York, Kansas, and California. Nine additional warehouses will open in November, with four situated in Canada across Alberta and Ontario. This expansion includes both entries into new communities and the replacement of older locations to increase overall capacity. The growth push aims to complete these specific openings before the end of 2026.
Why it matters
The company is using a growth strategy that balances new market entry with the modernization of existing sites. This approach allows the retailer to add capacity without exclusively targeting untapped regions.
What is confirmed
- Costco plans to open 14 new warehouses across the United States and Canada.
- The expansion includes 10 new locations across the US.
Still unconfirmed
- Five warehouses will open in October in Lee's Summit, Missouri; The Colony, Texas; Amherst, New York; Lawrence, Kansas; and Camarillo, California.
- Nine warehouses will open in November, including Northeast Edmonton and Lloydminster in Alberta and East Windsor and Wasaga Beach in Ontario.
- The expansion strategy involves replacing older locations alongside entering new communities.
What to watch next
- Confirmation of the specific November opening dates
- Official announcements for the remaining US locations in the 14-store plan
confidence 80%Sources used for this update (7)
- Fox Business — Costco set to expand with 14 new warehouses across US and Canada
- The Hill — Costco opening 14 new warehouses soon: Here’s where
- USA Today — Costco to open 10 locations in 9 states. See where
- marthastewart.com — Costco Is Opening 10 New Locations Across the US—See If One Is Coming Near You
- Seeking Alpha — Costco continues its store growth push (COST:NASDAQ)
- www.dailymail.com — Costco expansion frenzy as wholesale giant reveals plans to open 14 MASSIVE new stores across the US and Canada before the end of 2026. Is YOUR town on the list?
- www.financial-world.org — Costco schedules 14 warehouse openings across the US and Canada
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community