It's Not Just the Costco $1.50 Hot Dog Combo—4 Products That Have Beaten Inflation

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Not many companies pledge to never raise the price of an item, which is part of why the famous Costco $1.50 hot dog and soda combo gets so many headlines.

quoted Costco co-founder Jim Sinegal telling CEO Craig Jelinek,"If you raise effing hot dog, I will kill you."

Thankfully for shoppers and Jelinek's loved ones, Costco still hasn't changed the price. More recently, in 2022, when asked onif Costco would increase the cost of the combo, Jelinek simply said,"no." Similarly, Costco has kept the price of its rotisserie chickens at $4.99 since 2009. Like the hot dog combo, the chickens are known as a"loss leader," or a product companies are willing to sell at a loss because its low price lures in customers who will likely buy other items as well.

Members who go to the gym frequently may decide to level up their membership to the $24.99 Black Card option to gain access to more amenities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in HEALTH

Health Health Latest News, Health Health Headlines