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Costco is getting a traffic boost from opening early for executive members

1. Costco's early opening for executive members boosts foot traffic significantly. 2. Foot traffic has shifted to earlier hours, enhancing shopper experience. 3. Shorter visits lead to more frequent trips, increasing total monthly shopping time. 4. Increased engagement among younger, lower-income shoppers indicates growth potential. 5. Earnings report on Thursday may clarify financial impacts of extended hours.

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FAQ

Why Bullish?

Elevated foot traffic and incremental visits are likely to enhance revenue, mirroring past successful strategies like extended store hours before.

How important is it?

The article discusses a potentially lucrative strategy impacting membership and sales directly, making it highly relevant.

Why Short Term?

Immediate sales benefits from this new strategy should reflect in upcoming quarterly results, similar to past successful changes.

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