COSTCO WHOLESALE OPENS FIRST WAREHOUSE CLUB IN NIAGARA FALLS, ONTARIO

November 13, 2020

40 NEW JOBS CREATED, LATEST SELECTION OF PRODUCTS AND SERVICES OFFERED

Niagara Falls, ON – Costco Wholesale opened a new warehouse club today in Niagara Falls – the first Costco warehouse in the city. Located at 7500 Pin Oak Drive, the new 155,343-square-foot warehouse has created 40 jobs and an opportunity for local residents, as well as the area’s millions of annual visitors, to benefit from the conveniences and savings provided by a Costco membership.

“With the opening of this new warehouse, we can serve all of our members in Niagara, St. Catharines and surrounding area, and can bring new consumers and businesses to uncover the benefits of a Costco membership,” said Pierre Riel, Senior Vice-President and Country Manager, Costco Wholesale Canada. “We are very proud to share this new location with our valued members and member businesses in the local community and throughout the area; as well as announcing that the existing Costco warehouse at 3 North Service Road in St. Catharines will be converted to a Costco Business Centre.”

“The arrival of Costco has been highly anticipated and the people of Niagara are really excited about the new full-service location in Niagara Falls,” said Niagara Falls Mayor Jim Diodati. “We are looking forward to all of the amazing things synonymous with Costco—bigger, more selection, more parking, a gas bar, the ultimate in convenience, easy highway access and having all of this at our fingertips just in time for the Christmas shopping season! We are very grateful for the confidence that Costco has shown in Niagara by adding new jobs which will act as a catalyst for this retail node in a high-growth area.”

The new location features wide aisles and an expansive selection of food offerings. It also includes a large variety of specialty departments, such as an on-site bakery, fresh meat, extensive produce area, rotisserie chicken section, optical centre – including an on-site independent optometrist – a hearing aid centre, photo centre, five tire centre bays, large food court, gas station with 24 pumps, propane station and a full-service pharmacy. With 12 checkout registers and a new self-checkout section with six stations, the warehouse features 800 parking spots -- 137 spots more than the former St. Catharines location.
Like all other Costco Wholesale warehouses, the new Niagara Falls location offers more than 4,000 high-quality items at unbeatable value. The company provides a wide range of products and services for members’ personal use and helps small to medium-size businesses save money on both supplies and items for resale.
Costco Wholesale is open to members only. The annual fee is $60 for a Business Membership or $60 for a Gold Star Membership. All Costco Wholesale memberships include a FREE spouse card, and are valid at Costco locations around the world.

Executive MembershipAt an annual fee of $120 per year, Costco also offers an enhanced Executive Membership that includes a 2% reward (up to $1,000 annually) on all qualifying Costco purchases and a FREE spouse card. Those who choose the Executive Membership option receive exclusive merchandise offers, as well as special incentives on Travel Insurance, Payment Processing, Portable and Self-storage, and more.
In addition to Executive Membership rewards, members can also earn cash back virtually everywhere with the Capital One®* Mastercard®†, exclusively for Costco members.

Costco members can also make purchases at Costco.ca, where they will find thousands of additional items that are available online only.

About Costco WholesaleCostco Wholesale currently operates 787 warehouses worldwide and 102 warehouses across Canada. The first Costco Wholesale location opened in Burnaby, BC in October 1985, while the first Ontario location opened in Ottawa in 1991.
Costco Wholesale employs over 40,000 people in Canada with more than 14,500 in Ontario. Its Canadian head office is located at 415 West Hunt Club Road in Ottawa.

Revenues from corporate sales for the fiscal year ending August 30, 2020, were of $163.2 billion (US) (COST – NASDAQ).

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