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During its last earnings call in late May, Costco reported membership fee income of $1.123 billion for the third fiscal quarter of 2024. That was an increase of $79 million, or 7.6% year over year.
Costco didn't just install scanners in stores to crack down on membership sharing. Read on to see what the strategy entails. The Lesser-Known Reason Costco Installed New Membership Card Scanners ...
As of Sept. 1, "Gold Star" membership in the U.S. and Canada will cost $65, up from $60, and "Executive Memberships" will increase from $120 to $130, with the membership's maximum annual 2% reward ...
At first, Costco was only testing scanners at some locations. Now, the members-only retailer plans to have scanners at all of its stores. Membership required: Costco to scan member cards, check ID ...
As most Costco members are likely aware, however, even the most basic of the three Costco membership options (Gold Star, Business and Executive) allows the primary member to assign a “household ...
Of course, Costco still lags far behind the technological pace set by Sam's Club, where members are able to shop and pay in stores using the mobile app and even walk out without a physical receipt ...
Image source: Getty Images. There are many reasons Costco has an army of fans. For starters, the store combines high quality with low prices. Plus, you can get great value on everything from gas ...
Also, certain online items are designated as member-only, so you can't buy them if you don't have a membership ID number to enter when you go to check out. Next, you can visit Costco in person as ...