Costcois a very popular club.
The annual fee currently stands at $60 for a basic membership and $120 for executive-level added perks.
That’s about to change.
Shutterstock
Exactly when, though, is the subject of endless speculation,dating back over a year.
One analyst who closely follows the company made an intriguing prediction over the weekend.
“And that helps to drive the model.
It helps to differentiate Costco versus other retailers out there.”
“Costco offers a very good deal for the consumer.
You pay to shop there.
CNBCreportedlast year on a survey showing that a fee increase would likely face little resistance from current Costco members.
Costco’s warehouse club rival Sam’s Clubraised its membership feeslast October.
