Costco announces change to hours for some members
- Costco announced that starting June 30, executive members in U.S. warehouses will have exclusive early shopping hours from 9 a.m. to 10 a.m.
- This change revives a perk that was previously in effect historically and aligns Costco with competitors like Sam's Club offering early access to premium members.
- Regular members will be allowed to begin shopping at 10 a.m. on weekdays and Sundays, while on Saturdays they can start shopping at 9:30 a.m., with stores remaining open until 7 p.m.
- In September 2024, Costco raised its membership prices, increasing the Gold Star fee to $65 and the Executive membership to $130, while also lifting the annual limit on the 2% executive cashback reward to $1,250.
- Executive members represent roughly 47% of Costco’s 79.6 million paid memberships and generate about 73% of its recent sales, suggesting this perk targets the majority revenue segment.
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