Shenzhen Costco Wholesale's Hong Kong members account for 14%, with an average spending of 850 Hong Kong dollars. Hong Kong lacks large-scale locations for opening stores

Yahoo Asia
2024.08.11 19:23
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In Shenzhen Costco, Hong Kong members account for 14% with an average spending of 850 RMB. Currently, Hong Kong lacks large sites to open a warehouse-style Costco. The number of Hong Kong members at Costco Shenzhen continues to increase, reaching 35,000, accounting for about 14% of the total membership. Hong Kong customers spend about 850 RMB per visit at the store, which is 13.3% higher than mainland customers. The supermarket attracts consumers with low prices, offering its own brand products at least 15 to 20% cheaper. Costco Shenzhen changes the theme of goods every one to two weeks, with imported goods accounting for about 30% of the total products