date:Jul 12, 2012
lises in bulk-food, whitegoods, luxury items, furniture, alcohol and household goods. Shoppers need to pay an annual membership fee of $60.
Recent statistics show a 9% rise in Costcos new membership. The rise makes Costco a strong competitor in the ongoing supermarket war between giants Coles and Woolworths.
In the petrol game, Coles is in alliance with Shell, while rival Woolworths is linked to Caltex, and convenience store competitor 7-Eleven has a deal with Mobil.
Costcos entry to the petrol