A popular travel agency in the Pittsburgh area is shutting down its doors in February, citing “increasing competition” from online travel agents.
The Pittsburgh Post-Gazette reported Tuesday that the Pittsburgh-based travel agency will close its doors after four years in business.
Costco is owned by Cabela’s Group Inc., a unit of Walmart, and is based in the nation’s fourth-largest city.
The company said it plans to focus on new opportunities and the expansion of its existing businesses.
Costco has offices in Pittsburgh and other cities across the country.
Earlier this year, the company said its revenue grew 7.4% to $8 billion in the fiscal year that ended March 31, 2016, from $8.3 billion the previous year.
The Pittsburgh Post thespian reported last month that the company’s revenue grew 22% to about $1.9 billion.