Innovative business model or business as usual?
ASCI joins CIMA to welcome you all to tour the Costco warehouse on 15 February (Thursday)! Further details related to this tour will be shared in due course.
Nish joined Costco in the UK in1994 and arrived in Australia in 2008 to help setup Costco's Australian business. Costco's mission is to continually provide its members with quality goods and services at the lowest possible prices. It is this mission and its Membership model that draws a loyal following and healthy growth in an uncertain retail industry. Costco has had a presence in e-commerce in the USA since 1999. Other markets where Costco has established an e-commerce presence include Canada, Mexico, UK and Asia. Costco opened its first warehouse club in Australia in 2009. How will Costco respond to the growing threat of new competitors in the Australian market? Come along to the breakfast presentation to hear Nish share his insights on how Costco pursues innovation and how it competes with other forms of retail.