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Costco plans to launch its own brands and online stores in Australia

(Patrick Noone). (, head of Costco Australia, Sydney Morning Herald)

According to the Sydney Morning Herald, Costco Wholesale, the largest member-store chain in the United States, plans to sell more Australian-made branded goods in Australia and steadily expand its warehouses, while planning to open online stores.

Costco Australia's head, (Patrick Noone) (Patrick Noone), is reported to have said the supermarket will launch Kirkland toilet paper this week in (Mount Gambier), South Australia's Ganbier Mountains, while planning to sell its own brand of milk in the footsteps of two big supermarket giants.

Nuny said the company focused on key commodities and tried to expand its business in the future. For milk products, Costco hopes to find milk at a cheaper price than it is now, but milk of the same quality, if it can, will produce its own brand.

The supermarket has already hit A $1 milk sales at Coles and Woolworths, selling branded milk at A $2.89 per 3 liters.

Nuni said the supermarket would consider doing the same for flour, rice and other goods as long as it could provide customers with better-value goods without lowering the quality of the goods.

It is reported that Costco is the world's second-largest retailer, after Wal-Mart (Walmart), currently has nine stores in Australia. The supermarket plans to open a new store at (Epping), Brisbanievich (Ipswich) in Melbourne by the end of this year and next year in Perth.

In addition, Costco will open a new distribution centre in Sydney next year, at a cost of A $108 million, and plans to open an online store through which customers can shop and choose to deliver or pick up their own goods.

Currently, Costco has online stores in the United States, Britain, Taiwan and South Korea.

Nuni believes that as long as there are suitable facilities to achieve the plan, it will be successful.

Nuny did not say when the next store would open, but said the supermarket would continue to expand at two new stores a year, mainly in Melbourne, Sydney and Brisbane.


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