As some apparel merchants struggle, Costco is finding greaterchoice of branded merchandise for its own stores, said Richard A.Galanti, executive VP and CFO. And a slowdown in store growth byother companies also may provide new locations.
"Our nonfood buyers are seeing more availability in brandedjeans and women's apparel, and even on the home furnishings side,"Galanti said. "[And] we're seeing more [real estate] opportunitiesof late as some retailers have dropped out of sites and some tractsof land have flipped back to the bank."
The company plans to open an additional 16 to 18 new warehouses(including relocating of four to five units) for a total of 28 netnew units at year-end.
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