Costco eyes shopping mall sites

08/24/2010 | Wall Street Journal, The

Costco is planning to open more locations in shopping malls. The warehouse chain recently announced three such openings, including two in former department stores. "Our preference is to never be in a mall or by a mall," said co-founder and Chairman Jeff Brotman. "But in metro areas there just is not that much land, and we still want to expand. We will continue to penetrate areas" with the mall approach.

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