The queue outside Costco shortly after 8 am this morning.

The queue outside Costco shortly after 8 am this morning. mbl.is/Kristinn Magnússon

A great number of people were gathered outside the new Costco store in Kauptún, Garðabær, a municipality of Reykjavik this morning.

The store opened its doors at 9 am this morning and a few people turned up before then, with one guy standing in line since midnight, reports mbl.is.

Around 40 thousand people in Iceland have signed up for a Costco card, as a membership is necessary to make purchases in the store.

Our sister publication mbl.is witnessed the store opening live which you can watch here below.