Costco shoppers face challenges when buying in bulk due to potential waste. Executive Membership offers a 2% cashback on most purchases, offsetting the higher fee with rewards. Costco’s majority profit comes from memberships, with nearly half choosing the Executive tier. The CFO reported strong renewals and membership growth, highlighting exclusive benefits for Executive members. Early shopping hours and monthly credits are among the perks for Executive members. The move to offer exclusive hours has received mixed reactions, with potential risks and benefits. Costco’s strategy aims to increase profits and enhance customer experience.

Read more at Yahoo Finance: Over 50% of Costco members don’t make this cost-saving move