Costco set to launch new warehouse locations in early 2025: Check out the list of upcoming stores
Costco is growing its footprint with plans to open six new warehouse locations in early 2025.
This expansion will push Costco past 900 warehouses across the globe, with new openings planned for March 2025.
Among the upcoming stores, two will be situated in Texas and another two in California. Recently, Costco opened its 897th location in Pleasanton, California, on November 27, provoking long lines as eager shoppers camped out to get inside. The Pleasanton store achieved an impressive opening day sales record of $2.9 million, as reported by CEO Ron Vachris in a conference call with investors on December 12.
Will a new Costco be near you? Here’s the list of six new openings
Costco has revealed plans for six new store openings in March 2025. Below are the locations and their scheduled opening dates (where available):
- Brentwood, California
- Genesee County, Michigan
- Highland, California
- Prosper, Texas (March 14)
- Sharon, Mass. (March 1)
- Weatherford, Texas (March 15)
The company has plans for a total of 29 new store openings throughout its fiscal year 2025, which concludes on August 31, 2025. Among these, 26 will be completely new establishments while three will be relocations. Of these new locations, 10 will be situated outside the U.S., Vachris noted earlier.
In the first quarter of its fiscal year 2025, which ended on November 24, Costco successfully inaugurated seven new buildings—four of which are located internationally—with one being a relocation from a previous site.
Costco memberships: What are the prices?
After a membership fee increase in September, Costco’s membership prices are now set at $65 for Gold Star memberships in the United States and Canada (up from $60), while executive memberships have risen to $130 (from $120). Additionally, the maximum annual 2% reward associated with executive memberships has increased from $1,000 to $1,250.
Membership revenue grew by 7.6% during the first quarter of the fiscal year 2025, totaling $1.17 billion, compared to $1.08 billion in the same quarter last year, according to company reports.
Costco boasts 77.4 million paid members, with nearly half (47%) holding executive memberships, the company disclosed recently.
Moreover, the company has started implementing membership card scanners in its locations this year, mandating that members scan their cards for entry into some stores. There are also anticipated changes, including the discontinuation of book sales in most locations after the holiday shopping season concludes.