Costco Wholesale Corp. is boosting its membership fees for the first time since 2017, raising the charge for a basic membership to $65 a year from $60. The 8% price increase for US and Canadian members will take effect Sept. 1, Costco said in a statement Wednesday. The price of the retailer’s premium membership will rise to $130 from $120.
Similar Stories to Costco Hikes Annual Membership Fee For First Time Since 2017 on Bing News
Jaewon Kang and Brendan Case / BLOOMBERG, Time: Business
Wed, 07/10/2024 - 4:18pm
Topics: costco wholesale corp canadian sept york wednesday&rsquo s&p index investors issaquah washington-based executives jennifer bartashus bloomberg intelligence ldquo;the june membership gary millerchip kroger co ron vachris january sam&rsquo walmart inc costco costco wednesday us costco&rsquo the annual time increase company year price fees goods premium years sales wrote growth club basic raising company’s return rates renewal inflation officer prices analysts adding stores consumers chief
BING NEWS:
- Costco’s membership price hike is part of a trend in the subscription economy
After Netflix's password crackdown, other companies are cracking down on membership sharing and squeezing more value out of existing members.
09/5/2024 - 2:25 am | View Link - Costco hikes membership prices for first time in five years as furious shoppers fume 'I'm so disappointed'
Costco has increased its membership fee for the first time in over 5 years. The wholesaler first announced it would be increasing the price of membership in July. The new cost took effect Sept. 1.
09/4/2024 - 8:40 am | View Link - Costco hikes membership fees for the first time in seven years
According to Costcoinsider.com, a gold star membership fee back in 1983 cost $25. The fees increased every five or six years, to the point that the fee was $45 in 2000. The last increase was in 2017.
09/4/2024 - 3:08 am | View Link - Shopping at Costco just got a little more expensive with membership increase
The price of Costco’s premium “Executive Membership” also went up, by $10 to $130 a year. However, those members will soon be able to earn a maximum of $1,250 in rewards annually versus $1,000 ...
09/4/2024 - 2:30 am | View Link - Costco Will Cost You: Warehouse Retailer Raises Membership Fees
Find out how Costco's membership fees are changing. Learn about the recent fee hikes and what it means for current and future Costco members.
09/3/2024 - 11:37 am | View Link - More
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