Costco's Global Expansion Reaches 859 Stores Worldwide, But U.S. Remains Company's Biggest Market
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Costco is a major U.S. retailer that has expanded globally, with 859 total locations as of August 2023. The U.S. has 591 stores, while international locations account for 31% of stores.
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Costco's biggest international markets are Canada, Mexico, Japan, and the UK. It recently expanded into China, opening 4 stores since 2019.
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In the U.S., California has the most Costco locations with 134 stores. Some small states like Rhode Island and Wyoming have no locations.
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Costco relies more on membership fees than markups, which may explain its lack of stores in less populated U.S. states.
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While Costco warehouses have a similar format globally, some international stores adapt to their surroundings like the underground store in Mexico City.