ELI5:Why does Costco restrict memberships to certain people? Submitted by MikeTorsson t3_11br3hs on February 25, 2023 at 5:53 PM in explainlikeimfive 24 comments 0
Generallybadadvice t1_j9zgoa9 wrote on February 25, 2023 at 6:28 PM Costco's entire business model is based off of making money off of selling memberships. Their margins on selling stuff is extremely low. This explains it. https://www.fool.com/investing/2019/02/13/how-costco-actually-makes-money.aspx Permalink 4
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