Sam’s Club Plus memberships haven’t gone up since 1999
Walmart-owned Sam’s Club is upping its membership fees Monday for the first time in nearly a decade.
CEO Kathryn McLay told customers in a recent note the retailer is raising its annual membership fees to $50 from $45 for Club members. The $5 increase is the first in nine years. At the same time, Plus memberships will increase t0 $110 from $100, the first increase since 1999, when they were first introduced.
The increases come after the warehouse club said it “invested in technology to improve the shopping experience” by upgrading all 600 clubs, created a new rewards program called Sam’s Cash and added new brands to the store.
Still, McLay said the company recognizes the financial pressures shoppers are facing right now with worsening inflation. As a result, the company will give customers who renew their membership a credit equal to the increase for this year only.
Because Biden has Ruined the country & people are scrambling for Food & supplies !!!!!
Oh no doubt. Of course Sam’s Club is going to get in on the gouging. They’ve already figured it in to the next ten year budget. Now when will the raises begin?
& cheaper Gas !!!!! Than the others at least
Hell of a time to raise their price.
Stocking up for the GREAT DEPRESSION !!!!!!
Inevitable.
never gonna pay to shop!