Sam’s Club, which is owned by Walmart (WMT), said it plans to increase its annual membership fee by $10, offering its one-year basic membership option for $60 and its higher-tier option for $120, CNBC’s Melissa Repko reports. The company said it has “adjusted our membership pricing to support the things our members love,” highlighting perks such as its variety of products, expanded hours, and improved curbside pickup and delivery options, the author notes. Other publicly traded warehouse retailers include Costco (COST) and BJ‘s Wholesale (BJ).
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Morning News Wrap-Up 4/1/26: Today’s Biggest Stock Market Stories!
- Walmart Stock (WMT) Flattens as Sam’s Club Hikes Fees for First Time in Four Years
- Best ETFs to Invest In, According to AI Analyst, 4/1/2026
- Walmart Hoping for Easter Sales Bonanza With New $9 Sam’s Club Meal
- Option traders moderately bearish in Wal-Mart with shares up 0.56%