Millions of Americans belong to a warehouse club, whether that’s Costco Wholesale (NASDAQ: COST), BJ’s Wholesale Club Holdings (NYSE: BJ), or Walmart's (NYSE: WMT) Sam’s Club.
Many join to get savings on bulk goods. Some like the shopping experience, and others take advantage of some of the lesser-known perks available to members.
The model has long been popular, and these chains have continued to grow during a time when many brick-and-mortar chains have struggled as the rise of Amazon has threatened the retail industry broadly. The warehouse clubs have even thrived during the pandemic as Americans have stocked up on groceries, and their cavernous stores make them a natural fit with social distancing.
But there’s more than meets the eye with warehouse clubs. Here are 10 things you should know about shopping at these bargain basements.
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