Costco hiking membership fees for first time in 7 years

It will soon cost more to be a part of the club. On Wednesday, Costco Wholesale announced plans to increase annual membership fees by $5 to $10 in the U.S. and Canada, effective Sept. 1. It is the first time in seven years the retail giant has done so.The annual fee, last raised in June 2017, would increase by $5 to $65 for "gold star" and business members and to $130 from the earlier $120 for executive members, the company said. "The fee increases will impact around 52 million memberships, a little over ha ...