To The Moon

Costco knows you’re using your friend’s membership card. To save you the embarrassment of telling you off when you’re in the checkout line, now Costco will try to catch membership moochers before they even get in the door.The retailer is implementing stricter policies and cracking down on non-members using other people’s cards by requiring shoppers to scan their membership cards to enter stores.“Over the coming months, membership scanning devices will be used at the entrance door of your local warehouse,” Costco said in a statement online. “Once deployed, prior to entering, all members must scan their physical or digital membership card by placing the barcode or QR Code against the scanner.”For members with cards that don’t have a photo, Costco says to come prepared with a valid photo ID but encourages shoppers to visit the membership counter and have their photo taken.CNN’s Elisabeth Buchwald, Samantha Delouya and Nathaniel Meyersohn contributed reporting.

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.

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