11 Jun 2019

Costco plans on coming to NZ

3:21 pm on 11 June 2019

Major American bulk retailer Costco is aiming to open a store in North West Auckland, creating 350 jobs.

Auckland's Westgate Town Centre looking south

Aerial view of Westgate town centre in Auckland. Photo: Supplied

The world's second largest retailer has announced it has secured a site at the Westgate shopping complex, however it is still seeking some consents from Auckland Council.

American bulk retail store Costco is coming to New Zealand.

American bulk retail store Costco is coming to New Zealand. Photo: 123RF

The American company has almost 800 warehouses worldwide including 11 in Australia.

The Westgate Cosco will include a petrol station, tyre centre, food court, optometrist, hearing aid services, supermarkets and homewares.

Customers must be a Costco member to shop at the bulk-buy store.

Construction of the 14,000sqm warehouse is estimated to cost around $90 million dollars.

A date for construction to start has not yet been set as Costco is still waiting to obtain the required regulatory consents.

Costco Wholesale Australia Managing Director Patrick Noone said the company was looking forward to being an integral part of Auckland's growth.

Costco Wholesale Australia managing director Patrick Noone

Patrick Noone Photo: Supplied

"Costco is very excited to open our first warehouse in New Zealand and to be a part of this community. We feel Westgate is the perfect location for us."

Auckland mayor Phil Goff said Costco would complement the Westgate complex.

"Auckland Council has identified Westgate as a key metropolitan area and invested significantly in its development, helping to attract international brands that give Aucklanders retail choice and creating hundreds of local jobs."