Costco co-founder once told CEO ‘I will kill you’ following hot dog combo price hike suggestion

Costco
food
samples
finally
return
to
some
locations

FOX
Business’
Gerri
Willis
says
while
the
food
samples
are
back,
they’ve
been
reconfigured.
Willis
goes
over
the
multiple
changes
the
wholesaler
has
made
since
coronavirus.

Inflated
food
court
fare
may
be
a
matter
of
life
and
death
at
Costco.

Continue
Reading
Below

A
resurfaced
exchange
between
the
co-founder
of
Costco
and
the
warehouse
club’s
current
CEO
has
sent
social
media
users
into
hysterics
over
an
iconic
offering

the
$1.50
hot
dog
and
soda
special.

On
Sunday,
a
screenshot
went
viral
with a
tidbit
from
a
2018
story
by
Mental
Floss. The Twitter
post
has
since
been
shared
over
91,000
times.

According
to
the
article,
current
Costco
president
and
CEO
W.
Craig
Jelinek
once
grumbled
that
the
superstore
was
losing
money
with
their
quarter-pound
hot
dog
and
20
oz.
soda
special.
As
serious
shoppers
know,
Costco
hasn’t
raised
the
price
of
the
legendary
combo
since
it
first
hit
menus
in
1984.

TickerSecurityLastChangeChange
%COSTCOSTCO
WHOLESALE
CORPORATION339.57+3.61+1.07%

In
reply,
Costco
co-founder
and
former
CEO
Jim
Sinegal
made
his
opinion
terrifyingly
clear.

“If
you
raise
[the
price
of]
the
effing
hot
dog,
I
will
kill
you,”
Sinegal
told
his
successor,
per
the
outlet.
“Figure
it
out.”

Jelinek
obliged,
and
the
Costco
connoisseur’s
conviction
was
apparently
right
on
the
money.
The
Puget
Sound
Business
Journal
reports
that
superstore
sold
about
151
million
hotdog
combos
in
2019,
to
the
tune
of
roughly
$226.5
million.

Fox
News


(Original
link)

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