Costco is planning to open petrol filling stations at the majority of its cash and carry sites throughout the UK.

In the wholesaler’s UK trading results for the year ending 1 September 2019, Costco said the opening of three petrol stations in Leicester, Southampton and Stevenage had increased footfall at depots in those areas.

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“There are plans to open petrol stations at a number of other locations in the coming months, ultimately to have a petrol filling station at the majority of our locations over the medium to longer term,” Costco added.

During the trading period, turnover rose annually by 2.9% from £2.5bn to £2.6bn. Gross profit in the same period grew by 9.8% from £70m to £77m, driven partly by the performance from Costco’s petrol stations and a shift to high-margin products.

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