Tag: Rising prices

Sam’s Club is raising its membership by $5!

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Add Sam’s Club membership to your list of subscriptions that are getting more expensive. The Warehouse Club, owned by Walmart, announced Wednesday that it is raising its annual membership fee by 11% — from $45 to $50 — starting in October. It’s the first fee change in nine years. The cost of the Premium membership plan will also increase from $100 to $110 for the first time since the plan was introduced in 1999. Sam’s Club said it will offer $5 rewards to shoppers with a basic membership and $10…

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Six Flags CEO Selim Bassoul says parks have become ‘cheap daycare center for teenagers’!

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Six Flags is looking to make changes and raise prices after seeing a drop in both attendance and revenue this year. Last week, the theme park reported quarterly results that fell short of Wall Street estimates and said attendance was down sharply from a year earlier. during that earnings callCEO and President Salim A. Basol said the parks have become “a cheap daycare center for teens during breaks and summer.” Bassoul later addressed the company’s clients and demographics when it came to who visits its parks, saying, “Our goal is…

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