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lite.cnn.com - on gopher - inofficial |
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ARTICLE VIEW: |
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Costco is now opening earlier for certain members |
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By Jordan Valinsky, CNN |
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Updated: |
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12:10 PM EDT, Thu July 3, 2025 |
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Source: CNN |
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has rolled out earlier shopping hours. But members will have to pay a |
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bit more to access it. |
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Cardholders of Costco’s priciest “Executive Member” plan, which |
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costs $130 per year, can now exclusively enter warehouses beginning at |
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9 am through 10 am Sunday through Friday. On Saturdays, the time slot |
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is from 9 am to 9:30 am. All other members can enter at 10 am Sunday |
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through Friday and at 9:30 am on Saturdays. |
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Costco the changes last month and they went into effect on Monday, June |
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30. |
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The changes come about a year after the warehouse chain hiked prices of |
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its for the first time in seven years. |
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Last September, membership fees increased by $5 to $65 a year in the US |
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and Canada for three of its plans: “Gold Star,” “Business” and |
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“Business Add-On.” |
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The of Costco’s premium “Executive Member” tier also went up by |
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$10. However, they can now earn $1,250 in rewards annually versus |
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$1,000 in the past, including a new $10 monthly credit for same-day |
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delivery on its website or through Instacart. |
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The number of Executive members jumped 9% year-over-year to 37.6 |
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million, according to the company’s most recent earnings report. |
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Those memberships represent 73% of Costco’s sales. |
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Annual fees have been one of the biggest profit-generating areas for |
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Costco, helping it offset expenses to keep its prices down. Last year, |
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Costco earned $4.8 billion in revenue from membership fees, a 5% |
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increase from 2023. |
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