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Food Lovers Need A Membership To Enjoy Delicious Treats At Costco Wholesale Corporation (NASDAQ:COST) With Effect From March 16, 2020

Costco Wholesale Corporation (NASDAQ:COST) is famous for serving the customers with delicious and yummy pizza, hot dogs and a lot more. Anyone can purchase delicious snacks from its food court and devour instantly to satisfy their taste buds. It’s awesome treats satisfy the customers’ say from a child to a grandfather.

Costco makes membership mandatory

Costco has come up with a signboard that says people need to become a member with effect from March 16, 2020, to purchase its delicious treat even from its outside food court. It expects to disappoint several customers in the days to come. One customer says Costco will lose customers.

Why Costco commands legions of customers?

So far, any person can access delicious hot dogs or pizzas from the food court of Costco. The food items are not only tasty but cheaper too. It is accessible for everyone, and so commands a lot of customers. This trend expects to change from the middle of next month with the implementation of membership.

Some customers say it is nonsense. They murmur, why Costco takes this step, it will lose customers for sure. If a customer does not become a member, he or she will lose a chance to buy yummy and delicious foods from Costco.  Another customer says No, how can it be allowed? Customers are disgruntled on seeing the signboard of Costco telling customers to join as a member. Someone else, who is a paid member of Costco, said he supports this move.

Costco membership fee $60 per annum

Implementation dates may vary from one location to another. A spokesman of Costco has confirmed to Clark that membership will be mandatory with effect from March 16, 2020, to purchase foods. Those who intend to become a member of Costco, need to pay an annual fee of $60.

Plans to inaugurate a second store in China

Costco plans to open a second store in China. Pudon Warehouse Development Limited, a subsidiary of Costco, has acquired a plot in Shanghai for $128 million to construct a store. Costco’s first store in China attracts 16,000 daily visitors before the outbreak of coronavirus.

Published by Flavia Carruth

Hi, I am Flavia and have done my MBA with finance as specialization and a Bachelor in Economics with 4 years of experience as Financial Analyst in leading Software Firm. I have passion for article writing, report making and stock market Analysis.

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