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BELLEVUE, Wash. -- Cost-U-Less, Inc. yesterday signed a long-term lease agreement to open a new warehouse club-style store on the island of Aruba in 2008.
"This is a very attractive market to us on several levels," said J. Jeffrey Meder, president and c.e.o. "Because of its location, Aruba complements our existing operation in Curacao. Second, there already exists strong recognition and demand for U.S. branded products and, finally, this is a thriving tourism market. We have an outstanding location that we believe will allow us to compete quite successfully."
Cost-U-Less operates 11 stores in the Caribbean and Pacific regions of the U.S. Virgin Islands (2), Netherlands Antilles (2), Hawaiian Islands (2), California (1), Guam (2), American Samoa (1), and Republic of Fiji (1).