Value Depot opens to take on Costco, rapid expansion flagged via Campbells chain
At the opening of Metcash's first Value Depot warehouse outlets in Brisbane today, CEO Andrew Reitzer promised to "match or beat the price" of its competitors, with Costco singled out and named as a target.
Thu 13/12/2012 12:00:00 / Read More »Appliances to be sold at Metcash's new Value Depot warehouse venture
Publicly listed retailer Metcash, owner of the IGA and Mitre 10 chains, will soon open its first Value Depot business supplies warehouse in Eagle Farm, in Queensland.
Thu 06/12/2012 12:00:00 / Read More »Harvey Norman expands fitness range to include exercise equipment
Harvey Norman has expanded its fitness range and is now selling BH exercise bikes, treadmills, rowing machines and ellipticals, in addition to smaller format products such as outdoor and sports GPS devices and heart rate monitors.
Tue 30/10/2012 12:00:00 / Read More »Costco catch up: New stores, treasure hunts and large appliance plans
One year on from the opening of Costco's Canberra warehouse, Current.com.au had a chat with Costco's country manager to talk about the year that was, future plans and Costco's unique selling strategy.
Fri 27/07/2012 12:00:00 / Read More »Just like Costco, Masters stays on-brand with talk of "competition"
Following the opening of Masters' new store in Canberra this week, the company's COO has spoken positively about its offering, but would not be drawn on comments made by her competitors at Costco regarding pricing.
Fri 20/07/2012 12:00:00 / Read More »Costco looks forward to healthy competition with Masters
The head of Costco Australia has welcomed the opening of a Masters store around the corner from Costco in Canberra, saying it will be good for competition and consumers. But, he said, Costco's prices are "better and sharper".
Fri 20/07/2012 12:00:00 / Read More »Masters takes on Costco in Canberra
Woolworths' dedicated home improvement retailer Masters has opened a new shopfront in Canberra's Majura Park shopping precinct, almost a year to the day after Costco opened its doors around the corner.
Wed 18/07/2012 12:00:00 / Read More »Apple, Whirlpool and Costco worth a Fortune as admired companies
Fortune magazine has released its list of the World's Most Admired Companies, with a number of well-known electronics and appliance brands taking out honours, as well as some retailers who call Australia home.
Wed 14/03/2012 12:00:00 / Read More »Big box Costco to get bigger with Australian expansion plans
Warehouse retail giant Costco plans to expand its current operations in Australia, with the company set to open two or three large-footprint stores in 2013, adding to its current network of three stores.
Mon 20/02/2012 12:00:00 / Read More »Best of 2011: Biggest Retail Stories of the Year
Current.com.au is winding up today, but not before we look at the retail stories that got us all talking during 2011. It was a year of new stores, new products and new ways of selling to consumers.
Thu 15/12/2011 12:00:00 / Read More »Costco MD: 'we don't apologise for having the best price'
Costco Australia MD Patrick Noone said his company's large-format, warehouse style of business cannot operate with high margins, preferring to focus on "big-hitting" items at very attractive prices.
Tue 13/09/2011 12:00:00 / Read More »Masters Home Improvement set to neighbour with Costco Canberra
Woolworths' new hardware retail chain, known as Masters Home Improvement, will be playing neighbours with Costco Canberra when it opens next year. The store is also set to offer appliances in amongst the hardware aisles.
Wed 03/08/2011 12:00:00 / Read More »Low prices and a unique proposition attract choosy Costco shoppers
It's not just the low prices on TVs that are attracting consumers to Costco warehouses, it's also the incredibly vast range of product lines and the uniqueness winning over new members.
Fri 22/07/2011 12:00:00 / Read More »Costco cuts the ribbon (and prices) at Canberra warehouse opening
Current.com.au was there this morning when Costco opened its doors in Canberra today, with customers lining up in the chilly winter air to see what the new warehouse store had to offer.
Fri 22/07/2011 12:00:00 / Read More »Costco recruits members at Good Food & Wine Show
Costco was out spruiking its new chain of Australian stores at Sydney's Good Food & Wine Show over the weekend, offering passersby the opportunity to sign up for store membership before the Auburn store's opening on 21 July.
Mon 04/07/2011 12:00:00 / Read More »Dick Smith and Big W set to open next to Canberra Costco
Retail giant Woolworths Limited yesterday announced that it plans to open a new Dick Smith retail shopfront near Canberra Airport - right next to the site of Costco's new Canberra warehouse store.
Tue 28/06/2011 12:00:00 / Read More »Good Food & Wine circus rolls up from tomorrow
The Good Food & Wine Show kicks off in Melbourne tomorrow, with a variety of appliance brands showcasing new products to the trade, the media and consumers.
Thu 02/06/2011 12:00:00 / Read More »The 18 Commandments: Retailers ask Government for "level playing field"
The Australian National Retailers Association is calling on the Federal Government to create a level playing field for retailers, according to a submission to the Productivity Commission.
Mon 30/05/2011 12:00:00 / Read More »The new Goliath - why there is room for Costco in the Australian retail market
With the arrival of Costco on Australian shores in 2009 and the scheduled roll-out of more stores in July of this year, Current.com.au asks whether we really have room for another giant.
Thu 26/05/2011 12:00:00 / Read More »Costco expansion to have severe consequences for traditional retailers
The expansion of US warehouse retailer Costco in New South Wales and the ACT is expected to have a significant effect on the pricing of brand name products. One expert has worked out that Costco's prices are 35% cheaper on average.
Wed 25/05/2011 12:00:00 / Read More »Best of 2010: Biggest Retail Stories of the Year
In our first look back at the biggest stories of 2010, we take a look back at the most popular retail stories of the year. There's an expansion, a collapse, a survey and a pay rise that didn't quite happen.
Tue 21/12/2010 12:00:00 / Read More »Costco denies location troubles, plenty of options available
Costco has announced it has more than a few prospects for development, amid claims that finding appropriate land space has proved to be a formidable challenge for the giant discount chain.
Thu 29/07/2010 12:00:00 / Read More »Costco gets approval for Sydney store despite retailers' objections
Discount retail giant Costco has been given the green light for its second Australian location, with the NSW government today approving plans for its proposed Sydney store.
Thu 15/04/2010 12:00:00 / Read More »Costco supporters reject anti-development claims
Supporters of Costco's expansion into western Sydney have dismissed claims that the new store will have a detrimental effect on existing retailers.
Tue 13/04/2010 12:00:00 / Read More »Costco Australia set to open 'six new stores'
Sydney is set to receive a Costco boost, with new stores in the pipeline for Australia's biggest market. Only one site has been confirmed so far, but its success in Melbourne suggests more will be soon.
Wed 17/03/2010 12:00:00 / Read More »First Aussie Costco outlet sets opening date
Costco has finally confirmed the date of its first Australian store opening, with 17 August 2009 slated as the day the store will begin trading at Waterfront City, Melbourne Docklands.
Thu 23/07/2009 12:00:00 / Read More »
