1 00:00:00,120 --> 00:00:03,680 Speaker 1: It is official. Costco is bringing its second New Zealand store. 2 00:00:03,920 --> 00:00:06,320 Speaker 1: Site's going to be in the new Drurytown Center development, 3 00:00:06,360 --> 00:00:09,119 Speaker 1: which is about thirty k's south of Auckland. Sue Chetwyan 4 00:00:09,240 --> 00:00:11,240 Speaker 1: is the chair of the Grocery Action grouping with us Hey. 5 00:00:11,280 --> 00:00:14,720 Speaker 1: Sue higher, should we expect it to do the same 6 00:00:14,720 --> 00:00:16,919 Speaker 1: thing it's done in West Auckland and drive down prices 7 00:00:16,920 --> 00:00:18,480 Speaker 1: and the other supermarkets in the area. 8 00:00:19,840 --> 00:00:23,279 Speaker 2: Look, I imagine that that will happen, and that will be 9 00:00:23,440 --> 00:00:29,360 Speaker 2: great for shoppers who choose to shop in Drury in 10 00:00:29,480 --> 00:00:32,120 Speaker 2: South Auckland, But I don't think it's going to be 11 00:00:32,200 --> 00:00:37,639 Speaker 2: a game changer for supermarket shopping generally. I mean Costco 12 00:00:38,479 --> 00:00:41,040 Speaker 2: is a very sort of specific way of shopping. You 13 00:00:41,120 --> 00:00:46,159 Speaker 2: become a member. They don't have lots of supermarkets, but 14 00:00:46,200 --> 00:00:48,880 Speaker 2: they do offer really large discount so got on them. 15 00:00:49,080 --> 00:00:50,960 Speaker 2: I suppose one of the things that you could take 16 00:00:51,000 --> 00:00:54,760 Speaker 2: from this is that Costco's very large operator. You know, 17 00:00:54,800 --> 00:00:57,080 Speaker 2: they're there to make profits. They think that they can 18 00:00:57,120 --> 00:00:59,720 Speaker 2: be made in New Zealand. So it would be really 19 00:00:59,760 --> 00:01:04,200 Speaker 2: good if a third or fourth operator thought like that, 20 00:01:04,240 --> 00:01:06,520 Speaker 2: but was willing to have a few more super make 21 00:01:06,600 --> 00:01:08,280 Speaker 2: its so more people could benefit. 22 00:01:08,760 --> 00:01:11,080 Speaker 1: The difference between this Costco and the Costco that they've 23 00:01:11,120 --> 00:01:12,880 Speaker 1: got west of Auckland is that this one's going to 24 00:01:12,920 --> 00:01:14,520 Speaker 1: be able to sell booze because of course they've got 25 00:01:14,520 --> 00:01:16,959 Speaker 1: the weird thing happening in West Auckland. How much cheaper 26 00:01:17,000 --> 00:01:18,400 Speaker 1: is their booze offering? Do you know? 27 00:01:19,840 --> 00:01:24,000 Speaker 2: Look, I don't know, but I imagine you know, that's a 28 00:01:24,200 --> 00:01:28,840 Speaker 2: very important part of you know, the duopoly sales, you know, 29 00:01:29,280 --> 00:01:33,319 Speaker 2: food stuffs and Woolworths, So it will be significant I 30 00:01:33,319 --> 00:01:34,199 Speaker 2: imagine for Costco. 31 00:01:34,520 --> 00:01:37,120 Speaker 1: Do you think that other supermarkets are pleased about this 32 00:01:37,400 --> 00:01:38,679 Speaker 1: or not terribly? 33 00:01:40,680 --> 00:01:45,280 Speaker 2: Look, I imagine you know that it's the sort of competition 34 00:01:45,800 --> 00:01:48,120 Speaker 2: that they might want to have because it is only 35 00:01:48,240 --> 00:01:54,200 Speaker 2: one another one new store, So it's not you know, 36 00:01:54,240 --> 00:01:57,200 Speaker 2: it's not a competitor coming in and saying they're going 37 00:01:57,240 --> 00:01:59,560 Speaker 2: to open in every town and city in the country. 38 00:02:00,000 --> 00:02:02,800 Speaker 2: I mean, you know, they're grade operators, but they're not 39 00:02:02,840 --> 00:02:04,440 Speaker 2: the one that's going to shift the dial. 40 00:02:04,800 --> 00:02:06,280 Speaker 1: Okay, Hey, Sue, it's very good to talk to you. 41 00:02:06,320 --> 00:02:08,240 Speaker 1: Thank you very much, appreciate your time. That Sue Chitwin 42 00:02:08,480 --> 00:02:12,840 Speaker 1: Grocery Action Group Chair For more from hither Duplessy, Allen Drave. 43 00:02:13,000 --> 00:02:16,399 Speaker 1: Listen live to news talks it'd be from four pm weekdays, 44 00:02:16,520 --> 00:02:18,720 Speaker 1: or follow the podcast on iHeartRadio