Costco planning 20 more stores over next five years
Bulk retailer reveals big expansion program.
Bulk warehouse retailer Costco has announced plans to have 35 stores in Australia over the next five years.
Speaking on Network Seven’s Sunrise, Costco Warehouse Australia managing director Patrick Noone revealed that the retailer would be opening an additional 20 Costco stores across the country in the next five years.
"We're looking for more locations in Sydney," Noone said. "We have another location we're expected to open in Melbourne in the next year and a half and there are other locations around the country."
"Brisbane could do another one, Perth, even Adelaide and Hobart we are looking at as well," he added.
Costco opened its first store in Australia in Melbourne in 2009, before expanding its operations to an additional four stores in Victoria, four in New South Wales, three in Queensland, two in Perth and one location in Adelaide and Canberra.
Date Published:
12 July 2023