Costco Shares News on a Membership Price Increase

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The Street

By Daniel Kline The warehouse club usually raises this key fee every five-and-a-half years. Warehouse clubs took on a position of importance during the pandemic. When some items were in short supply, Costco (COST) – Get Costco Wholesale Corporation Report and rival Walmart’s (WMT) – Get Walmart Inc. Report Sam’s Club became essential to people’s lives. Rather than simply being fun places to visits that offer really good deals, these chains became a lifeline selling items like toilet paper and paper towels that were in short supply. The pandemic made warehouse clubs less fun. Sampling went away…

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