Tue, Mar 3, 2015, 9:03 AM EST - U.S. Markets open in 27 mins.


% | $
Quotes you view appear here for quick access.

Costco Wholesale Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • justwarning_u justwarning_u Oct 5, 2011 11:51 AM Flag

    $55 Annual Fee - Costco Pulls a Netflix

    When was the last time they raised membership fees??
    Around, Like 2006 ???

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The average Costco customer saves about $20 a week on groceries compared to major grocers in their market areas. That comes to $2600.

      $55 to save $2600?

      Stand outside a Costco and watch the carts.

      Especailly since Walmart and others have raised shelf prices, more customers are getting smart about comparing prices per pound, per ounce ESPECIALLY ON NON-PERISHABLES such as paper products, soaps, juices, sodas, canned goods, and toiletries/personal care, books, electronics, and small appliances.

      • 1 Reply to rwcva
      • Bro, you need a math lesson.

        1. $20/wk x 52 weeks = $1,040, not $2,600
        2. The average customer doesn't use Costco exclusively for groceries. They pick up a few bulk items but still go to other grocery stores. Your $20/wk. savings is substantially overstated.
        3. Many Costco customers are sporadic shoppers and will find that $55/yr. isn't worth the hassle of shopping at Costco. Parking hassles, rude employees, massive bulk purchases, etc.

        This will backfire on Costco. Mark my words.

147.940.00(0.00%)Mar 2 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Best Buy Co., Inc.
NYSEMon, Mar 2, 2015 4:05 PM EST
NXP Semiconductors NV
NASDAQMon, Mar 2, 2015 4:00 PM EST