Costco Just Did Something It Hasn't Done in 7 Years. Here's How It Could Boost the Stock.

The company hopes to give its members even more reason to be loyal customers. It's been the top question from the analyst community for some time already. But on July 10, warehouse-style retail chain Costco Wholesale (COST -3.66%) finally made a highly anticipated announcement: Membership fees are going up, starting on Sept. 1. In May, Costco's new CFO Gary Millerchip pointed out that it's historically raised prices for its memberships every five years. But the last time the retail giant raised its membersh ...