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Gen Z's latest hot club is Costco [Business Insider]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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It's the lastest example of how food prices are still historically high. One of Gen Z 's biggest tools for fighting persistently high food prices: Sharing a big cart of groceries — and potentially a membership card — from Costco or Sam's Club with roommates or family. The young shoppers, many of whom are buying groceries on their own for the first time as college students or entry-level professionals, are buying huge bags of flour, packs of meat, and other bulk groceries, then splitting them with others in their social circles to save money, the Wall Street Journal reported on Friday. It's one way to save money as Americans are still spending a historically large share of their income on food Related stories For warehouse retailers, Gen Z represents a fast-growing source of new memberships. The number of Sam's Club members age 27 and younger grew by 63% over the last two years, the Walmart-owned chain told the Journal. One shopper who spoke to the Journal, recent Universi
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