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Costco's Massive Land Grab: Why Warehouse Stores Still Rule
Published 2 days, 23 hours ago
Description
Costcos strategic land acquisition in Fort Myers, one of the biggest deals in Southwest Florida, is driving foot traffic with bulk deals, boosting sales by 9.5% to $197.2 billion. Despite the retail trend towards online sales, Costco plans to open 30 new stores annually for the next 5-10 years, leveraging memberships and cheap gas to maintain success.
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