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Costco is cracking down on membership card sharing by requiring all cards to be scanned at the entrance. This new rule will make it harder for people to gain entry using someone else’s card.
Costco Insider, a website that says it gets its tips from readers, on Jan. 8 shared photos on social media of what appears to be a tablet attached to a stand along with a sign that reads, “You ...
The company’s revenue primarily relies on its annual membership fees. As of November 2023, Costco had 127.9 million paid cardholders that year, which yielded a large proportion of its profits ...
NEW YORK -- Bad news if you're mooching off of someone else's Costco membership: The retail giant is cracking down. When you enter Costco, you need to show your membership card to an employee to shop.
At the time, the warehouse chain put up signs at their locations across the U.S. that said, “Effective March 16, 2020, an active Costco membership card will be required to purchase items from ...
Costco members pay either $60 a year for a regular membership or $120 for an “executive” card, which includes additional perks. The membership model is crucial to Costco’s business, which ...
The retailer made $4.2 billion in membership fees in 2022, a 9% jump from 2021, with its renewal rate sitting high at 93%. Under California law, shoppers don't need a card to purchase alcohol or ...
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