Costco is coming to Australia

costcosOne of my favourite tv show is the “Current Affair” which is shown at 6.30 pm monday to friday.  On Current Affair yesterday show, they mention about the Big Discount supermarket Costco which will soon open their shop in australia. First opened in the 1970s in San Diego as a price club, this retail giant has grown from a warehouse style outlet store for members only to a hugely-popular cost-saving brand. To see how much you can save if you shop in Costco here are just a few sample item from the US store, converted into Australian dollars.

  • 1. Donna Karan perfume, $141 in most stores at Costco just $75.
  • 2. Kodak digital camera, $300 retail at Costco $220.
  • 3. An average basket of groceries, $173 but at Costco $62.
  • 4. A Phillips LCD TV, $5100 retail but at Costco $1000
  • the business model of Costco is a bit different with ALDI, coles or woolies, because if customer want to shop there, they will need to pay annual membership fee.

    to get more detail about Costcos business mode, i went to their company us website, and here is some information i can grab from there:

    In Us , The Gold Star Membership is $50 per year, which includes one household card per primary add on. Its a good news if they are coming soon to Australia, because as user, we will get more options to save money.

    In Us ,

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