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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 Wholesale, the bulk retailer with 139 locations in California, will soon require shoppers to scan their membership card prior to entering a warehouse. Costco looks to crack down on ...
Costco membership prices are still likely to go up, the company's chief financial officer says, but for now they're staying the course. Richard Galanti, the company’s chief financial officer ...
August 8, 2024 at 12:07 PM. An employee checks a customer's membership card at Costco, in Teterboro, N.J., in 2023. The days of sneaking into Costco with someone else's card are coming to an end ...
In the last quarter alone, Costco reported 72 million paid household members, which is a staggering number that boasts a 7.6-percent increase over last year's findings.
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Costco's profits also soared as gross margin improved from 10.3% to 10.8%, and its membership fees, which essentially go straight to the bottom line, rose by 8% to $1.12 billion. As a result ...
Now, however, clubs will also ask to see cards with a photo at self-checkout registers, Costco said, adding that stores will also need to view a photo ID if the membership card doesn't have a picture.