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.
It’s not just the value proposition that McDonald’s can aspire to, but Costco’s principles on how they run their business:
Their ultimate goal is to reward their shareholders. Funny. I don’t recall my paid membership giving me shareholder status.
Fuck Dodge. And the Michigan supreme court.
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.
Side note, someone on here said they got banned from reddit recently for using that quote. AI mods in action.
Definitely AI mods. They don’t understand context, but definitely have a whitelist of what subs and users not to touch for sure.