Costco will open its third store in the Community of Madrid in Torrejón de Ardoz, with 15,000 square meters of retail space and its own gas station. The grand opening is scheduled for September 2027.
The Spanish subsidiary, Costco Wholesale España, has already purchased the land: a plot of approximately 60,000 square meters in the Casablanca industrial park, on Avenida de los Premios Nobel, next to the Oasiz Madrid shopping center. The investment will total around 80 million euros and create approximately 200 direct jobs.
One more store for the eastern part of the region
Until now, Madrid residents who shop at Costco have had to travel to Getafe (which opened in 2015 and serves as the company’s headquarters in Spain) or Las Rozas (2020). The Torrejón location will bring the chain closer to the Henares corridor and the eastern part of the Community.
The scarcity of stores is one of the brand’s defining characteristics in Spain. Today there are only five: the two in Madrid, plus Seville, Sestao (Vizcaya), and Zaragoza. Added to these is a distribution center in Torija (Guadalajara), in which the company invested more than 50 million euros. With Torrejón, the number of stores in the country will rise to six. In addition, the company plans to open new large-format stores, complete with gas stations, in other regions.
What Changes When Shopping at Costco
Costco does not operate like a conventional supermarket. Its system is based on membership: to shop there, you must pay a fee and become a member, which grants access to the entire product lineup. The stores are spacious warehouses, and the offerings are geared toward bulk purchasing, so customers buy in large quantities in exchange for low prices—the chain’s hallmark.
The on-site gas station is another hallmark of the chain. Prices are usually lower than at a conventional gas station, which is convenient for shoppers arriving by car to make a large purchase and, at the same time, attracts a steady stream of customers to the store.