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The New Daily
The New Daily
Business
Sezen Bakan

Costco woos cash-strapped shoppers as it expands across Australia

Budget wholesaler Costco plans to open seven more warehouses over the next five years. Photo: AP

American retail giant Costco is expanding its presence in Australia as buying in bulk gains appeal among shoppers struggling with the rising cost of living.

The membership-only retailer plans to open seven more warehouses over the next five years, which would take its national total to 20.

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