Contact Us

Buying Bulk is Going to Cost You More – Costco is Raising Their Membership Fees

Costco Profits Rise In Weak Economy
Tim Boyle/Getty Images

Love all those food samples while you’re shopping and being able to buy toilet paper and ketchup by the bulk? Pretty soon it’s going to cost you more.

Costco announced last week that their membership fees will be going up this year. If you’re a ‘Gold’ member you will pay $5 more ($60/year) while an ‘Executive’ member will pay $10 more ($120/year). These new fees go into effect June 1st and affect about 35 million customers, in the U.S. and Canada.

This is the first time the wholesaler is increasing their fees in six years. So why now? The latest earnings showed a decline in sales and profits, which according to WXYZ Detroit disappointed Wall Street’s expectations.

They said it has hit not just food but electronics — another key category for the company. TV prices in particular have been falling sharply.”

Costco also faces competition from Sam’s Club who has lowered the cost of their items to attract more members.

Will you continue shopping at Costco after the fees increase?

Best of 100.5 The River

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://rivergrandrapids.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Please solve this simple math problem to prove that you are a real person.

Sign up for The River's Loyal Listeners Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive The River's Loyal Listeners Club contests, events, coupons, presales, and much more delivered to you for FREE.