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ISSAQUAH, Wash. - Costco Wholesale Corp. here said Thursday it expects to open approximately 150 new warehouses over the next five years, including the 28 it projects opening this year.
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Of the total, about 55 would be in the U.S., with the rest in Canada or overseas, Richard Galanti, executive vice president and chief financial officer, told investors during a conference call. In addition, he said half the warehouses would be in-fill locations and half in...