Costco wants its cut of cut-price petrol

US RETAILER Costco is seeking to break into Australia’s $15 nbillion-plus discount petrol business, currently dominated by Woolworthsn and Coles, by selling its own heavily reduced fuel at prices below nthose offered via popular supermarket shopper-docket schemes.

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Costco, which operates a warehouse store in each of nMelbourne, Sydney and Canberra, has requested room to build petrol nstations at a second store slated for Sydney and for its first in nBrisbane, and is awaiting council approval on both. Sydney Morning Herald – Read More. 

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