US EditionCostco tested members with higher fees. The results are in
- Since September 2024, individual members in the U.S. pay $65 per year, which is a $5 increase from previous dues.
- By the end of fiscal 2025, Costco had 68.3 million individual memberships and a membership renewal rate in the U.S. of about 92%.
- At the end of fiscal year 2025, net sales increased by 8%, and membership fee revenue rose by 10%.
- Costco believes that its inventory losses are well below those of typical retail operations due to strict control of entrances and exits.
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21 Articles
Daily Bulletin
Costco tested members with higher fees. The results are in
Since September 2024, prices increased $5 per year.
CASE STUDY Costco – the subscription retailer winning on value and scale - InternetRetailing
One of the USA’s biggest retailers, and globally behind only Amazon and Walmart, Costco has quietly become a major player in the UK. With 29 British warehouses, it turned over £5 billion in annual sales last year, cementing its position as the country’s second-largest food wholesaler after Tesco-owned Booker. At the core of its business, however, Costco is a subscription retailer. While it may look like a traditional warehouse retailer – selling…
Costco's recent testing of its membership fee increase shows that the fee hike has not affected loyal Costco fans' continued membership. The annual fee increase for standard members, from $60 to $65, and for premium members, from $120 to $130, effective September 2024, has not resulted in a loss of loyal customers. According to the annual report filed with the U.S. Securities and Exchange Commission this month, as of the end of fiscal year 2025.…
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