{"id":42328,"date":"2025-09-19T20:52:41","date_gmt":"2025-09-19T20:52:41","guid":{"rendered":"https:\/\/microloannexus.com\/?p=42328"},"modified":"2025-09-19T20:52:52","modified_gmt":"2025-09-19T20:52:52","slug":"how-costcos-extended-hours-impact-warehouse-foot-traffic","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=42328","title":{"rendered":"How Costco&#8217;s Extended Hours Impact Warehouse Foot Traffic"},"content":{"rendered":"<div>\n<p>In June, Costco extended its hours at some stores for Executive members, adding an hour in the morning from 9 a.m. to 10 a.m. on weekdays and Sundays and a half hour from 9 a.m. to 9:30 a.m. on Saturdays. By September, the perk applied to Executive members at all Costco stores.<\/p>\n<p>Now, according to a new report released on Thursday from analytics company Placer.ai, the move has resulted in measurable effects in foot traffic for the wholesale giant, &#8220;likely improving the shopping experience for members overall&#8221; by creating &#8220;a more balanced flow of visitors.&#8221;<\/p>\n<p>Costco&#8217;s earlier hours have shifted visits to earlier in the day while decreasing foot traffic during peak hours (which are typically weekday evenings from 4 p.m. to 7 p.m., according to House Beautiful).<\/p>\n<p><b>Related: <\/b>These Luxury Items Are Flying Off the Shelves at Costco, According to the Company&#8217;s Longtime Chairman<\/p>\n<p>&#8220;By extending special hours to Executive members, Costco not only rewards high-value customers, but also reduces congestion during traditional peaks,&#8221; the report reads.<\/p>\n<p>Costco&#8217;s latest quarterly report, released in late May for the third quarter ending May 11, showed that sales momentum was strong for the company. Net sales increased 8% to $61.96 billion, up from $57.39 billion the previous year. The warehouse chain reports its fourth quarter earnings on Sept. 25.<\/p>\n<p>An Executive membership at Costco costs $130 per year. The Business and Gold Star memberships are each priced at $65 annually.<\/p>\n<p>Memberships are a prime revenue source for Costco, allowing the company to keep prices low by offsetting operating costs. Costco made about $4.8 billion in membership sales during the 2024 fiscal year ending September 1, 2024, up from $4.6 billion in 2023. In 2024, membership fees comprised close to 65% of Costco&#8217;s overall $7.4 billion net income for the year.<\/p>\n<p><b>Related: <\/b>Costco&#8217;s CEO Says This Product Is the &#8216;Most Important Item We Sell&#8217;<\/p>\n<p>The company had nearly 137 million cardholders in 2024, with a 90% renewal rate, per the company&#8217;s 2024 annual report. Close to half of that count (47%) were Executive members.<\/p>\n<p>Costco has 905 warehouses globally, including 624 in the U.S. and Puerto Rico, according to the quarterly report.<\/p>\n<p><b>Related: <\/b>Here&#8217;s How Much a Costco Gold Bar Purchased in 2024 Is Worth Today<\/p>\n<\/div>\n<div>\n<div class=\"first-letter:float-left first-letter:text-8xl first-letter:pr-1 first-letter:-mt-1 first-letter:font-black first-letter:text-gray-500 prose prose-blue max-w-3xl text-lg leading-relaxed mb-12\">\n<p>In June, Costco extended its hours at some stores for Executive members, adding an hour in the morning from 9 a.m. to 10 a.m. on weekdays and Sundays and a half hour from 9 a.m. to 9:30 a.m. on Saturdays. By September, the perk applied to Executive members at all Costco stores.<\/p>\n<p>Now, according to a new report released on Thursday from analytics company Placer.ai, the move has resulted in measurable effects in foot traffic for the wholesale giant, &#8220;likely improving the shopping experience for members overall&#8221; by creating &#8220;a more balanced flow of visitors.&#8221;<\/p>\n<p>Costco&#8217;s earlier hours have shifted visits to earlier in the day while decreasing foot traffic during peak hours (which are typically weekday evenings from 4 p.m. to 7 p.m., according to House Beautiful).<\/p>\n<\/div>\n<div class=\"justify-center bg-gray-100 flex flex-col sm:flex-row rounded-lg p-6 align-middle sm:text-left text-center\">\n<div class=\"flex flex-col justify-center align-middle mr-0 sm:mr-16\">\n<p class=\"text-sm leading-5 my-0\">\n      The rest of this article is locked.\n    <\/p>\n<p class=\"text-xl text-black font-bold leading-5 my-1\">\n      Join Entrepreneur<span class=\"text-yellow-500\">+<\/span> today for access.\n    <\/p>\n<\/p><\/div>\n<\/div><\/div>\n<p>Read the full article <a href=\"https:\/\/www.entrepreneur.com\/business-news\/how-costcos-extended-hours-impact-warehouse-foot-traffic\/497354\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In June, Costco extended its hours at some stores for Executive members, adding an hour in the morning from 9 a.m. to 10 a.m. on weekdays and Sundays and a half hour from 9 a.m. to 9:30 a.m. on Saturdays. By September, the perk applied to Executive members at all Costco stores. Now, according to<\/p>\n","protected":false},"author":1,"featured_media":42329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[32],"class_list":{"0":"post-42328","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-make-money","8":"tag-featured"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Costco&#039;s Extended Hours Impact Warehouse Foot Traffic | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"In June, Costco extended its hours at some stores for Executive members, adding an hour in the morning from 9 a.m. to 10 a.m. on weekdays and Sundays and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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