Mostly Cloudy 50°
Tag:

Consumer Behavior

News
Costco Raising Membership Fees In US, Canada Costco Raising Membership Fees In US, Canada
Costco Raising Membership Fees In US, Canada The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10.  Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally.  On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1.  Annual memberships are rising $5 making them $65…

SHARE

by Jillian Pikora
Lifestyle
COVID-19: Length Of Time Diners Are Willing To Wait For Takeout Is Dropping Fast COVID-19: Length Of Time Diners Are Willing To Wait For Takeout Is Dropping Fast
Covid-19: Length Of Time Diners Are Willing To Wait For Takeout Is Dropping Fast There is only so long people are waiting to wait in line for takeout - and the pandemic seems to be wearing on people's patience, according to a new poll. Consumer willingness to wait for orders at restaurants, drive-thrus, and curbside pickup has dropped from 10 minutes just six months ago to six minutes in January, according to "The State of What Feeds Us III," a survey by business technology solutions firm Bluedot. Customers were also fairly intolerant of long lines with 77 percent of study respondents saying they would leave an eatery if they could see a lot of people waiting. …

SHARE

by Kristin Palpini