Costco's interest in New Zealand could be a good sign for our grocery sector.
The big-box US retail chain's bought a large plot in the new Drury Town Centre for its second Auckland store.
A Westgate branch opened three years ago.
Grocery Action Group chair Sue Chetwin says Costco clearly sees profit potential in New Zealand.
"It would be really good if a third or a fourth operator thought like that, but was willing to have a few more supermarkets so more people could benefit."
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Heather du Plessis-Allan Drive