Costco memberships are going up for the first time since 2017

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Costco memberships are going up for the first time since 2017

CNN Business07-11

New York CNN — It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least. ...

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N00b
·07-11
I'd say from a consumer standpoint the price hike is very reasonable after factoring in the years of inflationary pressures
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But the good news is your hot dog is still $1.50 — for now at least.\n    \n\n      ...</p>\n\n<a href=\"https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html\">Source Link</a>\n\n</div>\n","source":"cnn_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco memberships are going up for the first time since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCostco memberships are going up for the first time since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-11 05:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York\nCNN\n         — \n    \n\n\n            It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.\n    \n\n      ...</p>\n\n<a href=\"https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0385154629.USD","symbol_name":"贝莱德营养科学基金A2","start_time":0,"source_url":"https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html","article_id":"2450829773","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2450829773","pubTimestamp":1720648617,"columns":[],"sourceInfo":{"source_id":"cnn_highlight","name":"CNN Business"},"weMediaInfo":null,"summary":"It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.The retailer is raising membership fees by $5 to $65 a year in the US and Canada, Costco announced Wednesday. This marks the first time in seven years Costco is raising membership fees.Additionally, Costco’s premium “Executive Membership” is going up by $10 to $130 a year. But those members will soon be able to earn a maximum of $1,250 in rewards annually versus $1,000 currently.The company estimated that 52 million memberships will be impacted, a little over half of which are Executive members, Costco said.Costco’s hikes, which go into effect on September 1, come more than two years after key rivals Sam’s Club and Amazon raised their membership fees.On Wednesday, Costco also announced that net sales were up 7.4% for the five weeks ended on July 7 compared to last year.Shares of Costco jumped over 2% in after-hours trading following the news.","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0385154629.USD":"贝莱德营养科学基金A2","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0079474960.USD":"联博美国增长基金A","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","COST":"好市多","BK4550":"红杉资本持仓","BK4588":"碎股","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0471298694.HKD":"BGF NUTRITION \"A2\" (HKD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4155":"大卖场与超市","BK4581":"高盛持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4504":"桥水持仓","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2360106947.USD":"BGF NUTRITION \"A4\" (USD) INC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD"},"translate_title":"Costco会员数量自2017年以来首次上升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COST":1},"content_text":"New York\nCNN\n         — \n    \n\n\n            It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.\n    \n\n            The retailer is raising membership fees by $5 to $65 a year in the US and Canada, Costco announced Wednesday. This marks the first time in seven years Costco is raising membership fees.\n    \n\n            Additionally, Costco’s premium “Executive Membership” is going up by $10 to $130 a year. But those members will soon be able to earn a maximum of $1,250 in rewards annually versus $1,000 currently.\n    \n\n            The company estimated that 52 million memberships will be impacted, a little over half of which are Executive members, Costco said.\n    \n\n            Costco’s hikes, which go into effect on September 1, come more than two years after key rivals Sam’s Club and Amazon raised their membership fees.\n    \n\n            The fee hikes are also occurring as Costco, like streaming companies, has been taking more measures to ensure fewer people are hitching a ride on other customers’ memberships. It also recently cracked down\n    \n\n            On Wednesday, Costco also announced that net sales were up 7.4% for the five weeks ended on July 7 compared to last year.\n    \n\n            Shares of Costco jumped over 2% in after-hours trading following the news.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":326167612723512,"gmtCreate":1720654847786,"gmtModify":1720654862177,"author":{"id":"4102702385674620","authorId":"4102702385674620","name":"N00b","avatar":"https://community-static.tradeup.com/news/2fff337dda34fd1714aa113e5b234fc9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4102702385674620","idStr":"4102702385674620"},"htmlText":"I'd say from a consumer standpoint the price hike is very reasonable after factoring in the years of inflationary pressures&nbsp;","listText":"I'd say from a consumer standpoint the price hike is very reasonable after factoring in the years of inflationary pressures&nbsp;","text":"I'd say from a consumer standpoint the price hike is very reasonable after factoring in the years of inflationary pressures","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/326167612723512","repostId":2450829773,"repostType":2,"repost":{"id":"2450829773","kind":"highlight","pubTimestamp":1720648617,"share":"https://ttm.financial/m/news/2450829773?lang=&edition=fundamental","pubTime":"2024-07-11 05:56","market":"hk","language":"en","title":"Costco memberships are going up for the first time since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=2450829773","media":"CNN Business","summary":"It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.The retailer is raising membership fees by $5 to $65 a year in the US and Canada, Costco announced Wednesday. This marks the first time in seven years Costco is raising membership fees.Additionally, Costco’s premium “Executive Membership” is going up by $10 to $130 a year. But those members will soon be able to earn a maximum of $1,250 in rewards annually versus $1,000 currently.The company estimated that 52 million memberships will be impacted, a little over half of which are Executive members, Costco said.Costco’s hikes, which go into effect on September 1, come more than two years after key rivals Sam’s Club and Amazon raised their membership fees.On Wednesday, Costco also announced that net sales were up 7.4% for the five weeks ended on July 7 compared to last year.Shares of Costco jumped over 2% in after-hours trading following the news.","content":"<html><body><div itemprop=\"articleBody\">\n<div>\n<cite>\n<span>New York</span>\n<span>CNN</span>\n         — \n    </cite>\n</div>\n<p>\n            It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.\n    </p>\n<p>\n            The retailer is raising membership fees by $5 to $65 a year in the US and Canada, Costco announced Wednesday. This marks the first time in seven years Costco is raising membership fees.\n    </p>\n<p>\n            Additionally, Costco’s premium “Executive Membership” is going up by $10 to $130 a year. But those members will soon be able to earn a maximum of $1,250 in rewards annually versus $1,000 currently.\n    </p>\n<p>\n            The company estimated that 52 million memberships will be impacted, a little over half of which are Executive members, Costco said.\n    </p>\n<p>\n            Costco’s hikes, which go into effect on September 1, come more than two years after key rivals Sam’s Club and Amazon raised their membership fees.\n    </p>\n<p>\n            The fee hikes are also occurring as Costco, like streaming companies, has been taking more measures to ensure fewer people are hitching a ride on other customers’ memberships. It also recently cracked down\n    </p>\n<p>\n            On Wednesday, Costco also announced that net sales were up 7.4% for the five weeks ended on July 7 compared to last year.\n    </p>\n<p>\n            Shares of Costco jumped over 2% in after-hours trading following the news.\n    </p>\n</div></body></html>","source":"cnn_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco memberships are going up for the first time since 2017</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCostco memberships are going up for the first time since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-11 05:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York\nCNN\n         — \n    \n\n\n            It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.\n    \n\n      ...</p>\n\n<a href=\"https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0385154629.USD":"贝莱德营养科学基金A2","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0079474960.USD":"联博美国增长基金A","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","COST":"好市多","BK4550":"红杉资本持仓","BK4588":"碎股","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0471298694.HKD":"BGF NUTRITION \"A2\" (HKD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4155":"大卖场与超市","BK4581":"高盛持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4504":"桥水持仓","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2360106947.USD":"BGF NUTRITION \"A4\" (USD) INC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD"},"source_url":"https://edition.cnn.com/2024/07/10/business/costco-membership-fee-increase/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2450829773","content_text":"New York\nCNN\n         — \n    \n\n\n            It’s soon going to cost more money to get your foot in the door at Costco. But the good news is your hot dog is still $1.50 — for now at least.\n    \n\n            The retailer is raising membership fees by $5 to $65 a year in the US and Canada, Costco announced Wednesday. This marks the first time in seven years Costco is raising membership fees.\n    \n\n            Additionally, Costco’s premium “Executive Membership” is going up by $10 to $130 a year. But those members will soon be able to earn a maximum of $1,250 in rewards annually versus $1,000 currently.\n    \n\n            The company estimated that 52 million memberships will be impacted, a little over half of which are Executive members, Costco said.\n    \n\n            Costco’s hikes, which go into effect on September 1, come more than two years after key rivals Sam’s Club and Amazon raised their membership fees.\n    \n\n            The fee hikes are also occurring as Costco, like streaming companies, has been taking more measures to ensure fewer people are hitching a ride on other customers’ memberships. It also recently cracked down\n    \n\n            On Wednesday, Costco also announced that net sales were up 7.4% for the five weeks ended on July 7 compared to last year.\n    \n\n            Shares of Costco jumped over 2% in after-hours trading following the news.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}