COST · News · 20261022N
Store Count and Expansion
COSTCO WHOLESALE CORP /NEW · 2026-10-22 · Importance 34 · Surprise 42 · In source text
Costco plans to open its first Rhode Island warehouse in Smithfield in 2028. The location is expected to create approximately 250 jobs and provide the state’s residents with their first Costco shopping option after unsuccessful efforts in other cities, including Cranston. The expansion should extend Costco’s U.S. warehouse footprint and create a new membership market in Rhode Island.
Key facts
- Costco plans to open its first Rhode Island store in Smithfield in 2028. source
- The planned Smithfield, Rhode Island Costco store is expected to create an estimated 250 jobs. source
- A company board member stated the Smithfield Costco store will create over 200 jobs. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Costco plans to open its first Rhode Island store in Smithfield in 2028. |
| operating_income | negative | probable | — | The planned Smithfield, Rhode Island Costco store is expected to create an estimated 250 jobs. |