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Costco announced Wednesday plans to raise its membership prices effective Sept. 1. Costco said its basic membership rate will increase from $60 per year to $65. Executive members will soon pay $130 annually, a $10 increase from the current fee.One positive change for customers with an executive membership is the maximum annual reward amount will also go up. It currently is capped at $1,000 per year, but will soon be $1,250. Customers with executive memberships are given a check worth up to 2% of what they spend at the retailer each year.Costco has continued to report massive growth, according to its recent earnings reports. Costco reported in late May having a 7.6% increase in memberships this year compared to last, bringing its total number of membersh stanley termosky ips to 75.5 million. Of those, 34.5 million have executive memberships.Company Chi stanley canada ef Financial Officer Gary Millership said in a call to investors in late May that it was a matter of when and not if Costco would increase membership fees.RELATED STORY | Big Lots to close 35-40 locations as company expresses doubt about finances We ve historically looked at increasing the membership fee every five years or so, Millership said. And obviously, we re beyond that time period now in terms of what would be the typical cycle. There s nothing about anything that we see within how the business is performing that s changing our stanley mug view on that. We feel really good about membership renewal rates. We feel really good about the test of are we Uwrl App allows for Tesla subscription service
SIMI VALLEY, Calif. -- 鈥?Police in Southern California arrested a man who they say was operating a drone with a bag of heroin on it. Seemed like a good idea. It wasnt. Heroin sales, even in Class A-G Air Space, is heroin sales, Simi Valley police posted on Instagram over the weekend.Narcotics detectives were investigating the suspect, John Piani, and during his arrest, officers discovered the drone. During the arrest it was discovered that Piani was operating a drone, Simi Valley police w stanley cup usa rote in an arrest report. Officers found heroin attached to the drone. Further investigation will be conducted in order to confirm the inv stanley cup canada olvement of the drone. The 51-year-old suspect faces charges of selling heroin and methamphetamine. View this post on InstagramA post shared by Simi Valley Police Department @simivalleypd Copyright 2021 . All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign up for the Breaking News Newsletter and receive up to date information. now signed up to receive the Breaking News Newsletter. Click here to manage all Newsletters stanley canada BUY TIC |
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