Latest / Best of Business / Sue Chetwin: Grocery Action Group chair on the new Costco store planned for Drury

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Sue Chetwin: Grocery Action Group chair on the new Costco store planned for Drury · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from News Talks be follow
• 0:12
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  Speaker 2: It is official. Costco is bringing its second New Zealand store.
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  Speaker 2: Site's going to be in the new Drurytown Center development,
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  Speaker 2: which is about thirty k's south of Auckland. Sue Chetwin
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  Speaker 2: is the chair of the Grocery Action Group and with
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  Speaker 2: us Hey, Sue high. Should we expect it to do
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  Speaker 2: the same thing it's done in West Auckland and drive
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  Speaker 2: down prices and the other supermarkets in the area.
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  Speaker 3: Look, I imagine that that will happen, and that will
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  Speaker 3: be great for shoppers who choose to shop in Drury
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  Speaker 3: in South Auckland, But I don't think it's going to
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  Speaker 3: be a game changer for supermarket shopping generally. I mean
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  Speaker 3: Costco is a very sort of specific way of shopping.
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  Speaker 3: You become a member. They don't have lots of supermarkets,
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  Speaker 3: but they do offer really large discount so good on them.
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  Speaker 3: I suppose one of the things that you could take
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  Speaker 3: from this is that Costco is very large operator. You know,
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  Speaker 3: they're there to make profits. They think that they can
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  Speaker 3: be made in New Zealand, so.
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  Speaker 4: It would be really good if a third or fourth
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  Speaker 4: operator thought like that, but was willing to have a
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  Speaker 4: few more super makeers so more people could benefit.
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  Speaker 2: The difference between this Costco and the Costco that they've
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  Speaker 2: got west of Auckland is that this one's going to
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  Speaker 2: be able to sell booze because of course they've got
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  Speaker 2: the weird thing happening in West Auckland. How much cheaper
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  Speaker 2: is their booze offering? Do you know?
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  Speaker 3: Look not, I don't know, but I imagine you know,
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  Speaker 3: that's a very important part of you know, the geopolies sales,
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  Speaker 3: you know, food stuffs and Woolworths. So it will be
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  Speaker 3: significant I imagine for Costco.
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  Speaker 2: Do you think that other supermarkets are pleased about this
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  Speaker 2: or not terribly?
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  Speaker 3: Look, I imagine you know that it's the sort of
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  Speaker 3: competition that they might want to have because it is
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  Speaker 3: only one another, one new store. You know, I say
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  Speaker 3: it's not you know, it's not a competitor coming in
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  Speaker 3: and saying they're going to open in every town and
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  Speaker 3: city in the country. I mean, you know, they're grade operators,
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  Speaker 3: but they're not the one that's going to shift the dial.
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  Speaker 2: Okay, hey, Sue, it's very good to talk to you.
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  Speaker 2: Thank you very much, appreciate your time. That Sue Chetwin,
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  Speaker 2: Grocery Action Group Chair.
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