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Costco loses a good amount of money on the food. The CEO has principles.
28 0 ReplyThe food court and samples is a loss leader, also it anchors people to the perception that Costco is cheap.
They loose money on the hotdog, but gain money on the foot traffic. It’s good for business at the end of the day.
30 0 ReplyAnother is the rotisserie chicken which they put in the back of the store.
3 0 ReplyTrue dat. I always wondered why they don’t put the hotdogs in the back to lure people in - like IKEA.
2 0 Reply
It will be a sad day when they pass. The next in line almost never carries the same principles, they need to "prove themselves" and ruin so much for the customer in the name of profit :(
7 0 Reply
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