"But giving away the razor and the blades in order to make money on a subscription loyalty program as a way to sell everything else?" As reported by CNBC in a

"But giving away the razor and the blades in order to make money on a subscription loyalty program as a way to sell everything else?" As reported by CNBC in a recent special about Costco apparently all of Costco's profit is from their annual fees and they claim they break even on actual product sales. Here's an article about that from a different news source: http://abcnews.go.com/blogs/business/2011/10/costco-increases-membership-fee-wholesale-clubs-comparison/ http://abcnews.go.com/blogs/business/2011/10/costco-increase...