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A comment on FTC sues Adobe for hiding fees and inhibiting cancellations. Parent comment

Re:FTC sues Adobe for hiding fees and inhibiting cancellations by isk517 on Tuesday June 18, 2024 @01:36PM (#40720221)
Costco makes the majority of profit from membership fees, they've already profited from you before you have even made your first purchase. Arguable any profit they make from what you purchase is where you are being 'ripped off' but because the savings and return policies are better than the competition they avoid the 'pissing off'.
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Re:FTC sues Adobe for hiding fees and inhibiting cancellations by gopher_space on Tuesday June 18, 2024 @06:35PM (#40722808)
Isn’t a membership like $35 a year?
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Re:FTC sues Adobe for hiding fees and inhibiting cancellations by brianwawok on Tuesday June 18, 2024 @06:59PM (#40722984)
$60 or $120
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Re:FTC sues Adobe for hiding fees and inhibiting cancellations by queuebert on Wednesday June 19, 2024 @10:56AM (#40728913)
Are you sure about that? Their average markup is around 10%, so that would mean that the average member would be spending $600 or less in the store per year.
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Re:FTC sues Adobe for hiding fees and inhibiting cancellations by isk517 on Wednesday June 19, 2024 @11:29AM (#40729198)
https://www.forbes.com/sites/shelleykohan/2023/10/24/costco-...

I've seen the same numbers in multiple articles state that 72% of Costco's profits came from the membership fee in a year that they saw record sales.

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