cheapbag214s
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Posted: Wed 0:38, 14 Aug 2013 Post subject: Discounts at Docklands in Melbourne as Costco open |
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Discounts at Docklands in Melbourne as Costco opens
SHOPPERS lined up from 5am to be amongst the first through the doors of the new warehouse of major discount chain Costco in Melbourne today,[link widoczny dla zalogowanych].
By 11.30am, the store - which sells everything from supermarket items through to designer goods - had already sold out of its two Louis Vuitton handbags worth $869 and $1100 .
Costco carries top brands such as Vegemite and Tuckers as well as grocery brands including Huggies, Duracell and Cadbury and international names such as Calvin Klein, Sony and Prada.
The store also sells everyday items such as 3L full cream milk for $2.79,[link widoczny dla zalogowanych], three loaves of bread for $7.49,[link widoczny dla zalogowanych], and 18 eggs for $2.29. A 5.5-carat diamond ring will set you back $159,999.99.
Costco wholesale regional operations manager Rick Carlson said the aim was to provide the most competitive prices for consumers.
"We buy globally, our focus of the business is to drive costs down through logistics,[link widoczny dla zalogowanych], we master logistics throughout the world and, doing that,[link widoczny dla zalogowanych], we're able to drive the costs down,[link widoczny dla zalogowanych]," he said.
"Our margins are transparent, we don't mark up anything over 15 per cent margin,[link widoczny dla zalogowanych], which is unique in the retail sector anywhere in the world."
Costco is the fourth-largest retailer in the US and eighth-largest in the world, and turned over $US71 billion ($84.17 billion) last financial year.
- with The Herald Sun
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Serendipity Serendipity of Melbourne Posted at 6:51 PM August 18,[link widoczny dla zalogowanych], 2009
Hi All,[link widoczny dla zalogowanych], firstly I myself am looking forward to seeing just what savings Costco have. Frankly,[link widoczny dla zalogowanych], for those of you who say Coles and Woolworths don have high prices, I have to ask. Have you ever shopped there??? Are you serious? Their prices are not only ridiculous,[link widoczny dla zalogowanych], but their staff know it too. And the quality of their fruit and vegies? Needless to say I don buy any fresh produce such as fruit, vegetables,[link widoczny dla zalogowanych], meat poultry, seafood or Deli at these stores everrr. Secondly,[link widoczny dla zalogowanych], If their margin is only 15 then it obvious that there main profit will be from the annual membership fee, and if the savings are as good as they say they are,[link widoczny dla zalogowanych], there is nothing wrong with Costco making a profit on membership fees whilst saving us a whole load of money. As for the Membership Fee, it is refundable if you are not happy with their service so basically you have nothing to lose. Lolol at all of you that say support Australia. For Crying Out Loud everything sold here is made in China and not only,[link widoczny dla zalogowanych], if you actually find a product that is Australian made it is ludicrously priced. So I all for competition no matter where it comes from cause at the end of the day my child benefits from it : ).
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