Costco customers pay at least $55 a year for the membership. This allows Costco to collect most of its profits 12 months in advance. Roughly 70% of the company's operating income is generated in this way. That's an enormous advantage that Sam's doesn't have. Why consumers choose to pay that $55 I don't know. I won't.
I’m a bit confused. I’ve always had to pay a membership fee to Sam’s Club.
Do you have a workaround for that?
Me neither. I refuse to shop anywhere where I have to pay them for the privilege of them taking my money at check out. Add a couple of cents to the price of their merchandize and call it even.