6 or 8 years ago the closest Costco to us moved locations. The old location had been there for maybe 8 years before that. At the time, it was in a good locati

6 or 8 years ago the closest Costco to us moved locations. The old location had been there for maybe 8 years before that. At the time, it was in a good location for a Costco, but I can see how much better the new location is (closer to a newly built freeway, near a mall and other businesses). That's not to say that the old location is awful, as there are still thriving businesses (including a newly remodeled WalMart) nearby. We tend to think of WalMart as this cash flush behemoth, but the reality is that grocery is a very low margin business (on the order of 3%). They might squeeze a little more out of less efficient competitors, but it's possible that the location could work for a higher margin business or something that's not retail.