Costco 2007 Annual Report Download - page 21

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PROPERTIES
Warehouse Properties
At September 2, 2007, Costco operated 488 membership warehouses:
NUMBER OF WAREHOUSES
Own Land
and Building
Lease Land
and/or
Building(1) Total
United States .................................... 301 82 383
Canada ........................................ 62 9 71
United Kingdom .................................. 18 1 19
Japan .......................................... 1 5 6
Korea .......................................... 2 3 5
Taiwan ......................................... 0 4 4
Total ....................................... 384 104 488
(1) 61 of the 104 leases are land-leases only, where Costco owns the building.
The following schedule shows warehouse openings (net of closings) by region for the past five fiscal
years and expected warehouse openings (net of closings) through December 31, 2007:
Openings by Fiscal Year United States Canada
Other
International Total
Total Warehouses
in Operation
2003 and prior .................... 309 61 27 397 397
2004 ............................ 18 2 0 20 417
2005 ............................ 11 2 3 16 433
2006 ............................ 20 3 2 25 458
2007 ............................ 25 3 2 30 488
2008 (expected through 12/31/07) .... 6 4 1 11 499
Total ........................ 389 75 35 499
Warehouses operated by our Mexico joint venture are not included in the above schedules. At
September 2, 2007, our 50% owned joint venture in Mexico operated 30 warehouses.
At the end of fiscal 2007, our warehouses contained approximately 68.6 million square feet of
operating floor space: 54.4 million in the United States, 9.6 million in Canada and 4.6 million in other
international locations, excluding Mexico.
Administration and Merchandise Distribution Properties
Our executive offices are located in Issaquah, Washington and occupy approximately 395,000 square
feet. We operated eight regional offices in the United States, two regional offices in Canada and four
regional offices internationally at the end of fiscal 2007, containing approximately 309,000 square feet.
Additionally, we operate regional cross-docking facilities (depots) for the consolidation and distribution
of most merchandise shipments to the warehouses, and various processing, packaging, and other
facilities to support ancillary and other businesses. At the end of fiscal 2007, we operated eleven
depots in the United States, three in Canada and two internationally, excluding Mexico, consisting of
approximately 6.5 million square feet.
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