Sam's Club raising membership fees for first time in 9 years

United States News News

Sam's Club raising membership fees for first time in 9 years
United States Latest News,United States Headlines
  • 📰 axios
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Starting Oct. 17, Sam's Club's annual fees will increase from $5 to $10 depending on membership level.

Sam's Club president and CEO Kath McLay announced the fee hike in a letter sent to members Wednesday.Starting Oct. 17, the annual fees will increase from $5 to $10 depending on membership level.A Plus membership, which includes extended shopping hours and other perks, will cost $110, up from $100.

"We are mindful of the financial pressure on wallets right now. So, this year’s renewal is on us," McLay said. "We’re giving back $5 in Sam’s Cash to Club members and $10 in Sam’s Cash to Plus members shortly after renewal."have said multiple times in recent months that it was “not the right time” to raise annual membership fees.

Costco last hiked membership rates in June 2017 and past increases have happened five to six years apart, officials said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

axios /  🏆 302. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Supernatural Prequel Star Reveals If Mary Is More Like Dean Or SamSupernatural Prequel Star Reveals If Mary Is More Like Dean Or SamTheWinchesters star Meg Donnelly considers whether her Supernatural character Mary is more like Sam or Dean.
Read more »

Sift Through Fictional Film History with Sam Barlow's Compelling New Game ImmortalitySift Through Fictional Film History with Sam Barlow's Compelling New Game ImmortalityImmortality, the new game from Telling Lies and Her Story creator Sam Barlow, is a fascinating mystery built from the language of cinema. Read our review.
Read more »

Here’s Why FTX's Sam Bankman-Fried Visited the White HouseHere’s Why FTX's Sam Bankman-Fried Visited the White HouseFTX CEO Sam Bankman-Fried visited the White House in May amid regulatory turf battle between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
Read more »

FTX's Sam Bankman-Fried Says No Plans to Acquire HuobiFTX's Sam Bankman-Fried Says No Plans to Acquire HuobiAmid reports about FTX being among the potential buyers of a major stake in Huobi, SBF cleared that his company does not have such plans.
Read more »

Two Sam & Max games are getting a PlayStation remaster | Digital TrendsTwo Sam & Max games are getting a PlayStation remaster | Digital TrendsSkunkape Games will be releasing the remasters of Sam & Max Save the World and Sam & Max: Beyond Time and Space on PS4 on September 29.
Read more »



Render Time: 2025-02-22 11:42:39