Costco reveals petrol pricing as service station opens in West Auckland
The US giant will sell 91 for $2.50 per litre, 95 for $2.60 per litre and diesel for $2.10 per litre.
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The pricing is below the nearby Pak'nSave, whose service station is selling 91 for $2.69, 95 for $2.85 and diesel for $2.29 for the supermarket's shoppers. according to Gaspy.
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Another close by service station, the Mobil in Don Buck Rd, had 91 for $2.73 and 95 for $2.91 this morning, while another local station, Challenge Massey, had 91 for $2.66 and 95 for $3.06.
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An annual membership costs $60 or $55 for business.
So far, the only way to register is to join a queue of up to 90 minutes at Costco's temporary admin office at Westgate, but the retailer says an online option is on the way.
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The first wave of cars came through at 9.20am.
The service station is opposite the $100m Costco store at Westgate, which the retailer's Australia-NZ boss Patrick Noone says will open in late August.
While a membership card can be used straight away, the clock won't start on the 12-month membership term until the store opens.
As in Australia, Costco is partnering with Mobil for petrol distribution.
Noone would not say how many people had bought Costco memberships, but said the figure was in the thousands.
In its recent report into supermarket competition, the Commerce Commission said, "Woolworths NZ [owner of Countdown] also told us that Costco is seen as a "destination shop" and that they have seen analysis from Australia suggesting that Costco stores have in-person catchment areas of approximately 25km."
That's for general shopping. Across the Tasman, a report for the New South Wales state government found Costco influenced petrol prices in a 5km radius around its stores.
Costco also plans stores in Wellington and Christchurch, subject to the performance of its Auckland operation.
Costco's 2021 annual report says its 636 service stations account for 9 per cent of its US$163 billion revenue worldwide (as of December 2021, Costco had 828 stores or "warehouses" as it calls them, including 677 in North America, 29 in the UK and 13 in Australia).
In Sydney, where there are three Costcos, the retailer typically sells for 10 to 20 cents per litre cheaper than other service stations (before loyalty programmes), according to Pricespy data.
A 2020 Houston Chronicle report said the giant retailer at times uses fuel as a "loss-leader", selling at 20c to 30c cheaper per gallon (3.7 litres) than traditional service stations to attract customers to the rest of its business. And in a March 11 article on the Ukraine crisis highlighting "cheap gas" at Costco and other big retailers, the Wall Street Journal said, "Big box retailers are counting on drawing in consumers with cheaper gasoline and then having them leave with an armful of groceries too."
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www.nzherald.co.nz...
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Live Q&A: Garden maintenance with Crewcut
This Wednesday, we're having another Neighbourly Q&A session. This time with John Bracewell from Crewcut.
John Bracewell, former Black Caps coach turned Franchisee Development Manager and currently the face of Crewcut’s #Movember campaign, knows a thing or two about keeping the grass looking sharp—whether it’s on a cricket pitch or in your backyard!
As a seasoned Crewcut franchisee, John is excited to answer your lawn and gardening questions. After years of perfecting the greens on the field, he's ready to share tips on how to knock your garden out of the park. Let's just say he’s as passionate about lush lawns as he is about a good game of cricket!
John is happy to answer questions about lawn mowing, tree/hedge trimming, tidying your garden, ride on mowing, you name it! He'll be online on Wednesday, 27th of November to answer them all.
Share your question below now ⬇️
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.7% Yes
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14.7% No
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2.6% Other - I'll share below
RE: Hosting a FREE inspirational talk by Harita Davies in your school/class
Kia Ora
I would like to introduce you to Harita Davies, our national record holder in 3100-Mile race.
Harita is the only New Zealand woman to ever attempt and complete the world's longest certified running race, the 3100-Mile race (94km for 52 days and 28 pairs of running shoes!) The Self-Transcendence 3,100-Mile Race, described as “The Mount Everest of Ultramarathons” by the New York Times, requires competitors to maintain an average of 60 miles a day, amounting to over two marathons every day for 52 days!
Each year, contestants are drawn to the 3100-mile ultra for often inner reasons. Testing their physical and mental limits, with a curiosity about human potential itself. The race promises personal growth and self-discovery. Participants come from around the world to shatter their perceived limitations and discover a deeper sense of self. Only six women have ever completed the 3100-mile distance since its inception in 1997.
Please listen to Harita's many interviews with RNZ - www.rnz.co.nz......
Watch a trailer about the award-winning documentary covering the 3100 Mile Race -
www.youtube.com......
Accompanying her will be Preetidutta Thorpe, ultra marathon runner and a former Olympic-level contender in sailing who has just completed the Everest Marathon last year.
For Harita, meditation is the ultimate game changer in her running. This holistic approach cultivates peak performance and nurtures a deeper sense of well-being, She believes that caring for our own sense of peace is one of the most powerful contributions we can make to creating a better and more peaceful world.
Kindly get in touch if you would like to have Harita talk to your school/class about her experience and share a few simple practical meditation techniques to cope with stress, improve focus and cultivate resilience. The duration and depth of the subject matter can be tailored to suit.
Harita, now living in the US, and will be back in Auckland on Wednesday 12 February.
I look forward to the opportunity to discuss any possibilities for inspiring your school community to take the first step.
Warmest regards,
Durba Lee Preetidutta Thorpe
Mobile: 0220 653 719 Mobile: 0220 814 727
Sri Chinmoy Centre
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