For those of you that live in Australia and long for a nearby Costco location, maybe one of their two new warehouses will be closer to you than the Melbourne store. The first Costco location opened in Melbourne in August 2009, and has done quite well, by most reports even better than Costco had anticipated. So, it is natural that they would want to move ahead with plans for new locations.
Costco’s second Australian location in Auburn, Sydney will be opening later this year. It took a bit longer to get planning approval because the store is massive; 3 – 5 times larger than any of the existing supermarkets in the area. Planning approval had to be given at the state government level, but luckily, they did give approval last April. The new location will be part of a development at Parramatta Road in Auburn. The warehouse will approximately 14,000 square meters with parking space for 800 cars. As you can probably guess, the big supermarket and shopping center owners in the area tried their very best to lobby against the new Costco, claiming that it would be anti-competitive for other retailers. Costco had originally thought that the Sydney location would be open within a year of planning approval, which would have meant just another couple of months. However, it has apparently been a slower process than they had anticipated because the store will actually be opening in July.
And if the Sydney location isn’t in your area, perhaps their newly announced store in Canberra will be closer. That’s right, Australia’s third warehouse will be located in Canberra and the tentative schedule is that it will open later this year! The new store will be located at Brand Depot (I don’t know what that is but I’m sure if you are from the area you do) and will be around 13,500 square meters; more than four times larger than the average Australian supermarket. Chris Peters from the ACT Chamber of Commerce says it is great news for the community since it will foster competition and most likely lead to lower prices for consumers and will also give businesses another source of supply for their own stores.
For more information about Costco in Canberra: