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2018 days ago

CostCO Coming to NZ! Good for Auckland or Bad for the Retail Stores?

Matt from Henderson

Hi everyone, just want to make a short post about CostCo. In the Western Leader a while back now, there was an article about CostCO that was coming from the U.S which now will be coming to Westgate here in NZ. Now in saying this, what do people think? Will it be best bringing a wholesale store from the U.S and being used here to push price cheaper than here in NZ or will we not need one?

I think having this CostCO store in Westgate will bring pressure to the mainstream retail stores in Auckland and possibly NZ wide too. I mean we are now in a world that we can go online and buy any product you like literally and that many retail stores have self service kiosk machines. We will have to wait and see what happens in months to come. Hopefully it will bring people work too.

Matt

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