Costco Wholesale is opening a 150,000-square-foot store in Daytona Beach in 2024, bringing the members-only wholesale club retailer within 30 miles or less of most Palm Coast and Flagler County residents–just as a BJ’s wholesaler is planning a store on State Road 100 in Palm Coast.
Costco will break ground at a 17-acre site in the One Daytona complex on International Speedway Boulevard, across from the International Speedway, the News-Journal is reporting. The paper attributes the announcement to Roxanne Ribakoff, president of the One Daytona entertainment/retail complex. The information could not immediately be independently confirmed with Costco.
Costco has stores in the greater Orlando, Jacksonville and, since December, Melbourne areas. And an even bigger Costco than the one planned in Daytona Beach is scheduled for a June opening near Buc-ee’s on World Commerce Parkway in St. Augustine.
Walmart’s Sam’s Club, Costco’s principal competitor and the nation’s leading retailer, has a retail location off LPGA Boulevard in Daytona Beach, one exit north of International Speedway Boulevard.
Costco, a 46-year-old company, reported net sales of $17.33 billion for the four weeks ended on May 1, up 13.9 percent from a year earlier, and sales of $100 billion for the 24 weeks ending on Feb. 24, up from $86 billion a year earlier. The chain operates 573 warehouses in the United States and Puerto Rico, 105 in Canada and dozens more in other countries. It was trading at $415 a share today, down from an all-time peak of $608 in early April.
The Daytona store is expected to have up to 250 jobs, according to the News-Journal. The company pays almost $17 an hour on average for its front-line employees such as cashiers and customer service employees, according to indeed.com, and from $28,000 to just over $40,000 a year for its loading and stocking staff.
BJ’s Wholesale Club is expected to break ground later this year on a 31-acre site just west of Seminole Woods Boulevard and RaceTrac on State Road 100. The land is soon to be cleared of woods and brush.
beachcomberT says
So did city of Daytona Beach offer tax incentives to land this project?
DennisC Rathsam says
SUPER DOOPER WONDERFULL …Cheaper than Sams & Bj,s Good food cheap gas!!! Why pay outrageous Publx prices? One trip a month or so, you will have money left over for a pizza on friday night…like the old days!!!!
Old Guy says
The new Costco across from BucEes in World Golf Village is due to open sometime in June.
Jim lang says
Better them than us.
Linda L Hagman says
Oh happy days! Tired of traveling an hour north or south to get to a Costco.
Shark says
That’s what happens when you have people in office who represent the people and not their own interests!!!!
Joanna Engel says
Agree totally. Costco outshines BJ’s and Sams. No comparison. I travel monthly to Costco in Altamonte. Love it
Samuel Adams says
Costco would be great if it happens. The scam of an extra tax that is included on your purchases at ONE DAYTONA is not great.
Mom of 3 boys says
Very excited! I just wonder where they are going to put it!? Doesnt seem like there is much room over there for such a large store.
Diane formaia says
When will they one to The Villages florida there is about 160,000 people here.
Dee says
Can’t come soon enough! Costco takes care of their customers. I asked BJ’s about a couple issues I had and they blew me off! I have had a Costco membership for years and they are the very BEST! They go out of their way to help no matter what it is!!!!! Now we need a Trader Joe’s! So tired of traveling an hour to get to these stores!!!!
Marilyn Marczynski says
Well isn’t that just wonderful………not. There is no reason with the population explosion in Palm Coast we cannot have a Costco here. Why does everything have to be 30 miles away in either direction. They opened a store in St. Augustine 30+ miles north of Palm Coast and now they are going 30+ miles south of Palm Coast. The traffic has been increasingly dangerous as everyone has to travel 30 miles either way to do any bulk shopping I think I will stick to Sam’s Club which is only 27 miles away!!!!