Retail News

Costco runs on memberships

USA Today 09/18/2017

Costco makes about 75 percent of its profits on annual membership fees. Most of the sales at the chain’s clubs come from Executive members who pay $120 a year compared to Gold Star members who pay half that. The average Executive member spends $1,092 a year with Costco while Gold Star members spend $211.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!