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Costco, the United States-based wholesale giant, continues to make waves in the Australian market. The company has seen a significant year-on-year profit increase of 39.4%. The financial report for the fiscal year ending on August 31, 2025, reveals an…
Costco has teamed up with DoorDash to deliver its range of groceries and household essentials to homes in Auckland at bulk-saving rates. The partnership will enable Costco members and non-members to get everything from toilet paper to fresh fruits and…
The Financial Times reported on Tuesday, citing two suppliers, that Costco Wholesale is pressuring mainland China suppliers to cut prices in response to US tariffs. This follows Beijing officials meeting with Walmart earlier this month to discuss media…
Costco Wholesale Australia Pty Ltd has paid penalties totalling $33,000 after the ACCC issued it with two infringement notices for alleged false or misleading labelling of the country and place of origin on lobster products and failing to comply with the…
American wholesale retailer Costco will open its $100 million Westgate store on September 28, ending months of speculation about the date of its debut in New Zealand. The retailer initially planned to open last month, however it was delayed due to bad weather…
Costco plans to open three new stores in Melbourne and Geelong within the next two years, investing up to $150 million. CEO Patrick Noone told The Australian in an interview that potential sites were identified near Melbourne’s CBD, and at Officer and…
Within days of opening its first warehouse store, Costco China is already talking about its plans to expand the new network. As happens in many new market Costco enters, the new Shanghai store grew thousands of people, some of who queued for hours to shop,…
US warehouse retailer Costco opened its first store in China today, against a background of an escalating trade war between the US and China and at a time the local economy is showing signs of slowing. The giant store will open in a suburb of Shanghai…
US-headquartered warehouse-club retailer Costco Wholesale will open its first physical store in Mainland China in August. Costco China’s first location will be in Shanghai’s Minhang district, offering memberships to family and corporate consumers at RMB299…
Costco Japan says it plans to launch an online store next year. The wholesale club-style retailer is still finalising plans for the site, in particular the exact launch date and the product range it will offer online. But it says it is committed to the…
International grocery giants Aldi and Costco are driving down fruit and veg prices in Western Australia at a faster rate than anywhere else in the country, according to new research. Analysis conducted by Bankwest has found that Perth shoppers spent 6.9 per…
Costco China plans to open its first store in China next year, even as other international retailers like Lotte and Tesco scale back because of market barriers and disappointing sales. The American wholesale giant has signed an agreement with state-owned…
Failing US president Donald Trump is facing widespread backlash from US retailers and brands over his intention to trigger a trade war with China and other nations. Just days after announcing tariffs on steel imports against the advice of officials, lawmakers…
Bulk discount retailer, Costco, will open its third Sydney outlet, and ninth store nationwide, at Marsden Park in Sydney’s northwest next week. The Costco Marsden Park store, which will span 13,575sqm, will include a Costco fuel station, tyre centre, food…
A U.S. federal judge has dismissed a lawsuit claiming that retailer Costco Wholesale had knowingly sold frozen prawns, the farming of which involved forced labour in Thailand. Judge Jeffrey White ruled that the plaintiffs failed to establish that the world’s…
Alibaba Group says more than US$7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces within the first two hours of the 2016 11.11 Global Shopping Festival. And more…
