Free Newsletter

e-mail address:


Costco to Enter Lucrative Australian Petrol Market

PDF Print E-mail
Written by Marc Pallisco   
Thursday, 13 September 2012 00:20

Tags:Costco

US retail giant Costco – reportedly the world’s eighth largest retailer – is looking to enter the lucrative Australian petrol market.

Following in the footsteps of local rivals Woolworths, and the Wesfarmers backed Coles, Costco has applied to build service stations at as-yet-undeveloped stores in Sydney and Brisbane.

The retailer reportedly sold 8.7 billion litres of fuel at its 500+ US stores in 2010.


According to The Age which reported the company’s move into petrol, Costco plans to open as many as 20 outlets nationally.