McD’s has been expensive as fuck for years now. I can feed my entire family of 7 for under $20 at the Costco food court. That’s something for McD’s to aspire to.
"When longtime Costco president W. Craig Jelinek once complained to Costco co-founder and former CEO Jim Sinegal that their monolithic warehouse business was losing money on their famously cheap $1.50 hot dog and soda package, Sinegal listened, nodded, and then did his best to make his take on the situation perfectly clear.
“If you raise [the price of] the effing hot dog, I will kill you,” Sinegal said. “Figure it out.”"
Their hot dog is a loss leader. But yes, you’re not wrong. Still. Feeding my whole family for under $20 is a feat.
“If you raise [the price of] the effing hot dog, I will kill you,” Sinegal said. “Figure it out.”"
Loved that about him. I hope Costco continues that. The fact that they didn’t “bend the knee” the Trump and kept their diversity and inclusion policies says a lot.
McD’s has been expensive as fuck for years now. I can feed my entire family of 7 for under $20 at the Costco food court. That’s something for McD’s to aspire to.
Costcos food court isn’t their primary business, it’s a loss leader.
But it did result in the best CEO quote ever:
https://www.mentalfloss.com/article/547020/costco-150-hot-dog-soda-combo-enigma
"When longtime Costco president W. Craig Jelinek once complained to Costco co-founder and former CEO Jim Sinegal that their monolithic warehouse business was losing money on their famously cheap $1.50 hot dog and soda package, Sinegal listened, nodded, and then did his best to make his take on the situation perfectly clear.
“If you raise [the price of] the effing hot dog, I will kill you,” Sinegal said. “Figure it out.”"
Their hot dog is a loss leader. But yes, you’re not wrong. Still. Feeding my whole family for under $20 is a feat.
Loved that about him. I hope Costco continues that. The fact that they didn’t “bend the knee” the Trump and kept their diversity and inclusion policies says a lot.