Costco plans major growth push, targeting 30 new locations annually

Costco is betting big on a massive global expansion strategy, aiming to open 30 new warehouses annually over the next decade.

Driven by a combined goal to fix overcrowded stores and record-breaking demand, the retail giant is moving into new territories like Port St. Lucie, Florida, while eyeing a 50-50 split between U.S. and international growth. For the American consumer, this could mean shorter lines, better parking and more access to bulk savings as the company tackles "overburdened" locations...