Japan-US Business Report LogoJapan-U.S. Business Report

No. 346, July 1998

Issue Index

American Companies in Japan


MERCHANDISING

Warehouse retailing is coming to Fukuoka prefecture. COSTCO COS. INC. will open its first membership warehouse club in Japan in April 1999 in an American-style suburban shopping center now being built. Like its American counterparts, the 140,000-square-foot store will sell food, housewares, clothes, appliances and a long list of other products in bulk to members. Costco hopes to sign up 20,000 members in the first year and generate sales of between $50 million and $57.1 million. The Issaquah, Washington-headquartered company said that it also was looking for sites in the Tokyo area as well as elsewhere.

An exchange rate of ¥140=$1.00 was used in this report.
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