How Costco makes billions by charging people to shop there

Costco pretty much pioneered the club membership retail model on a large scale. The company did it by charging low prices and staying tightly focused on keeping its members happy – so they keep renewing their memberships. In an era where retailers have struggled, Costco remains one chain investors believe is remarkably resilient.

How Costco makes billions by charging people to shop there

Costco pretty much pioneered the club membership retail model on a large scale. The company did it by charging low prices and staying tightly focused on keeping its members happy – so they keep renewing their memberships. In an era where retailers have struggled, Costco remains one chain investors believe is remarkably resilient.

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