Costco 2014 Annual Report Download - page 23

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PROPERTIES
Warehouse Properties
At August 31, 2014 we operated 663 membership warehouses:
NUMBER OF WAREHOUSES
Own Land
and Buildin
g
Lease Land
and/or
Building(1) Total
United States and Puerto Rico .............................................................. 376
92 468
Canada ..................................................................................................... 77
11 88
Mexico ...................................................................................................... 32
133
United Kingdom ....................................................................................... 21
526
Japan ........................................................................................................ 5
15 20
Korea ........................................................................................................ 5
611
Taiwan ...................................................................................................... —
10 10
Australia ................................................................................................... 5
16
Spain ......................................................................................................... 1
—1
Total .......................................................... 522
141 663
_______________
(1) 98 of the 141 leases are land-leases only, where Costco owns the building.
The following schedule shows warehouse openings for the past five fiscal years and expected warehouse
openings through December 31, 2014:
O
p
enin
g
s b
y
Fiscal Year(1) United States Canada
Other
International(2) Total Total Warehouses
in O
p
eration
2010 and prior ............................................. 416 79 45 540
540
2011 .............................................................. 13 3 36 52
592
2012 .............................................................. 10 — 6 16
608
2013 .............................................................. 12 3 11 26
634
2014 .............................................................. 17 3 9 29
663
2015 (expected through 12/31/2014) ....... 6 — 2 8
671
Total ....................................................... 474 88 109 671
_______________
(1) Net of closings and relocations.
(2) 2011 includes 32 Mexico warehouses in operation at the beginning of the year, when we began consolidating Mexico. These
32 warehouses were opened in 2010 and prior.
At the end of 2014, our warehouses contained approximately 95.3 million square feet of operating floor
space: 68.1 million in the U.S.; 12.1 million in Canada; and 15.1 million in other international locations.
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, which includes our online business. We operate 23 depots
consisting of approximately 9.4 million square feet. Our executive offices are located in Issaquah,
Washington, and we operate 17 regional offices in the U.S., Canada and other international locations.
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