Costco's interest in New Zealand could be a good sign for our grocery sector. 

The big-box US retail chain's bought a large plot in the new Drury Town Centre for its second Auckland store. 

A Westgate branch opened three years ago. 

Grocery Action Group chair Sue Chetwin says Costco clearly sees profit potential in New Zealand. 

"It would be really good if a third or a fourth operator thought like that, but was willing to have a few more supermarkets so more people could benefit."

LISTEN ABOVE

Costco's interest in New Zealand could be a good sign for our grocery sector.&nbsp;
The big-box US retail chain's bought a large plot in the new Drury Town Centre for its second Auckland store.&nbsp;
A Westgate branch opened three years ago.&nbsp;
Grocery Action Group chair Sue Chetwin says Costco clearly sees profit potential in New Zealand.&nbsp;
"It would be really good if a third or a fourth operator thought like that, but was willing to have a few more supermarkets so more people could benefit."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Sue Chetwin: Grocery Action Group chair on the new Costco store planned for Drury

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/aaf817d3-0eaf-4441-8e88-b3930056fcae/transcript

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