Costco Plans To Raise Membership Fee

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Costco plans to raise its membership fees but not just yet, according to CFO Richard Galanti. Both paid household members and cardholder totals have increased by nearly 7% over the last year, but Galanti revealed that shoppers have been purchasing less beef and steaks in recent months, leading to fears of a recession. Costco last raised its membership fee in 2017.


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