The world’s ninth largest retailer has today opened its long-awaited first store in Australia within the Docklands precinct of Melbourne. The warehouse retailer, which sells everything from branded food products to bakery goods, diamonds and TVs, was flooded with customers upon opening this morning - all hoping to find out what the fuss is about. “There were people queuing halfway down Docklands this morning,” a Costco spokesperson told ninemsn. “There are thousands of people... ...Read more »

Costco’s arrival on the Australian retail arena is edging ever closer and their Australian boss remains steadfast in the belief that their offering will appeal to Australian consumers. Making their mark The world’s ninth largest retailer is destined to make an impact based on their previous expansions beyond their home base in America, but what works overseas doesn’t always work here in Australia. Starbucks is now all too aware of that. Costco offers a much wider range of goods than... ...Read more »

Costco Wholesale Managing Director Patrick Noone has reported that the retailer remains unperturbed by the economic conditions as results from their early membership drive surpass expectations. “I think any time is a good time to open,” he told the Sunshine Coast Daily. “If people are value-conscious and brand-conscious, they will come to us.” The world’s ninth largest retailer is destined to shake things up in the retail sector in Australia but questions still linger... ...Read more »