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Learn More →Retail Memberships Forecast 2023
Can Walmart+ and Other New Entrants Compete for Subscription Revenues?
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Table of Contents
- Report Snapshot
- Overview: Revenue growth has slowed despite the influx of new paid memberships.
- Amazon’s subscription revenues dwarf other leading players', like Costco Wholesale and Sam’s Club.
- Walmart+ revenues will continue to grow faster than established memberships.
- Amazon Prime user growth has begun to plateau.
- Costco’s user growth ebbs and flows but remains remarkably persistent over the long term.
- Walmart+ had a meteoric rise but is a long way from competing with the major players.
- Delivery services and QSR restaurants are also competing with retailers for subscription revenues.
- How should retailers approach paid memberships?
- Sources
- Media Gallery
Charts in This Report
US Paid Retail Membership Fee Revenues, by Company, 2023 (% of total)US Paid Retail Membership Fee Revenues, 2019-2024 (billions and % change)
US Paid Retail Membership Fee Revenue Growth, by Company, 2019-2024 (% change)US Amazon Prime Users, 2019-2024 (millions, % change, and % of population)
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