Costco will open the doors of its first West Australian store in just a few months. 9News
The mega-retailer will take on the supermarkets and department stores, selling everything from groceries to diamond rings when it opens in Perth early next year.
"Diamond rings we sell one at a time, so you can buy a $300,000 diamond ring or you can buy a $10,000 diamond ring," Costco Australia Managing Director Patrick Noone told 9News. The $55 million store will include a petrol station, optometrist, hearing aid centre and a huge supermarket that sells in bulk.Costco doesn't advertise day-to-day prices but it does release its specials.
This week those include a 60-pack of coffee capsules for $20, six litres of Cold Power laundry liquid for $23, two kilos of Nutella for just over $14, and a Calvin Klein dress shirt for just $24. "We already have several thousand Perth members who shop at Costco on the east coast so we know there is a degree of competition we can introduce into the market," Mr Noone said.
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