Foldable, Steel-frame Hammock with canopy @ Costco $39.97, originally $119(?) YMMV
Durable Steel Frame, Powder Coated Finish
Removable Canopy Provides Protection Form The Sun
Lightweight Frame Makes It Easy To Store & Transport
Mesh Net Under The Hammock Allows You To Keep Your Valuables Near By
Includes: Hammock, pillow, stand & carry bag
It's the same hammock I purchased only mine it's blue. I'm assuming Costco is clearing out their summer stock and that's why it's so heavily discounted. This is YMMV and will probably only last until they run out of stock. The Costco I went too had about 20, is my estimate, on the floor.