The news: Costco and BJ’s Wholesale Club plan to open dozens of stores as shoppers in search of value turn to warehouse retailers more often.
- Costco expects to open 28 stores in fiscal 2025, of which 25 will be net-new locations.
- BJ’s will open between 25 and 30 clubs over the next two fiscal years.
By the numbers: More consumers are relying on club stores as one-stop shops, leading to an uptick in traffic and transactions.