Kitty Genoveseâs killer dies in prison 1. Winston Moseley, left, died in prison last week, nearly 52 years after he stalked and murdered 28-year-old Kitty Genovese in Kew Gardens. The case would make national headlines for a heartless response from her neighbors that never actually happened.
More than one-third of Costco shoppers pay $110 for an executive membership, which reimburses them 2% cash back on their purchases. To cover the cost of the extra $55, executive members have to spend a minimum of $230 per month, or $2,750 a year. Executive members who spend twice that earn enough to cover the full cost of membership. To reap the full benefit of up to $750 cash back, they have to spend $37,500 per year.
What is a Costco membership really worth? Costco's fiscal year 2014 first-quarter earnings report showed that net sales rose 5% to $24.47 billion as comp sales increased 3% overall. On a year-over-year basis, membership fees for the first quarter jumped to $549 million, up from $511 million in FY 2013's first quarter. Despite the 7.3% increase in membership fees, these fees account for just 2.24% of sales for Costco.