Costco, the world's second-biggest retailer after Walmart, has revealed two new giant stores for New Zealand. Patrick Noone, Australia and New Zealand managing director of Costco with 101 million members, has outlined the chain's expansion plans for this country and named those two cities on a list for five new Australasia stores. Wellington and Christchurch are on a hit list which features plans for Tasmania, the Northern Territory and Queensland. Ideally, the land must be 6ha to allow for a 14,000sq m warehouse, a fuel station and 800 carparks, he said. The self-service fuel station will be only for Costco members with one staff member and no retail, air, or carwash.

Source: New Zealand Herald November 01, 2020 20:08 UTC