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Costco cometh to Canberra

By johnboy - 22 October 2010 48

Australian retail watchers have been speculating that as part of the mammoth Costco chain’s push into the buoyant Australian economy they might open an outlet here in Canberra.

A keen eyed reader has noticed they’re staffing up.

It’s a new model for us, really aimed at families. You have to join their club at $55 a year just to shop there and then the motto is buy in bulk and pack straight into boxes.

Anyone know where they’re going to be setting up?

What’s Your opinion?


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48 Responses to
Costco cometh to Canberra
Gerry-Built 11:47 pm 22 Oct 10

M0les said :

Firstly, how to use an apostrophe: http://theoatmeal.com/comics/apostrophe

Their really funny poster’s…

M0les 11:22 pm 22 Oct 10

Woot!

Firstly, how to use an apostrophe: http://theoatmeal.com/comics/apostrophe

In the US, Costco do a lot of really exceptional “loss leader” discounts to get you into the stores. I only know of this as massively discounted ultra-premium French wine, but I’m sure they do it across the board.

When I lived in the states, I was close to a Home Depot and a Sam’s Club (Think: Wal-Mart/Big-W’s big brother). I could buy a gun-safe or a forklift truck, retail at 3am on any day of the week! You’d be surprised at how handy that can be!

No doubt they’ll start-out with jaw-droppingly low prices and then ratchet them up (Like Dan Murphy’s did).

rogerthat 11:00 pm 22 Oct 10

There is a lot of land clearing going on west of Gladstone Street…?

abc 10:56 pm 22 Oct 10

Oh, and speaking of the airport, the new terminal opens on November the 7th.

abc 10:55 pm 22 Oct 10

I heard about a year ago that they’ll be out at the airport near the Supabarn/service station/McDonalds area.. So unless they get rid of Brand Depot, which has been constructed in a way to be a freight terminal, then it’ll be a new building…Costco is the biggest seller of diamond rings in the USA.

Gerry-Built 10:51 pm 22 Oct 10

Reminds me of when Franklin’s opened up their huge Mega-store in Queanbeyan… that worked out well for them…

Morgan 10:37 pm 22 Oct 10

WHat about Dickson? Dickson desperately needs more retail space to encourage more car traffic.

bd84 10:22 pm 22 Oct 10

Only possible locations would be in Hume, Fyshwick or at Fairbairn given the minimum size of the stores is generally about 6500m2.

Dr Strange 9:40 pm 22 Oct 10

They tend to be a tad bigger. Football pitch sized.

johnboy 9:00 pm 22 Oct 10

a bigger scale I’m given to understand.

Chaz 8:39 pm 22 Oct 10

so….this is just like Aldi then?

Fiona 8:08 pm 22 Oct 10

They could take the whole of Brand Depot… no need to fight for parking then

Primal 7:40 pm 22 Oct 10

Maybe they’re not building a new ASIO HQ on Constitution Avenue after all…

Morgan 7:32 pm 22 Oct 10
Woody Mann-Caruso 7:18 pm 22 Oct 10

Mmmm…3.79 liter jar of mayonnaise arglgllgll….

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