Blog: Dean BestCostco catches Oz by surprise

Dean Best | 13 March 2009

Australia's food retail market is renowned for being one of the most consolidated on the planet. But there is a new kid on the block: the Americans are coming.

US club retailer Costco is to open its first store in Australia in July – some five months ahead of schedule.

News that Costco will open the store in Melbourne came today (13 March) and was a welcome surprise amid the plethora of bad-news stories floating around at the moment.

Coscto is also looking for a suitable site in Sydney and, to herald its entry in Australia, has issued a promotional video – which you can see here.

Now, Australia's grocer market remains dominated by Woolworths Ltd and Coles but, in a market that has faced criticism for being closed to competition, consumers are sure to welcome the appearance of another retailer on the landscape.


BLOG

We wish you a merry Christmas

Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...

BLOG

UK food associations come together on Brexit

The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...

just-food homepage



Forgot your password?