this post was submitted on 02 Nov 2023
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[–] moonsnotreal@lemmy.blahaj.zone 28 points 10 months ago* (last edited 10 months ago) (4 children)

Costco loses a good amount of money on the food. The CEO has principles.

[–] Ghostalmedia@lemmy.world 30 points 10 months ago (2 children)

The 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.

[–] mindbleach@sh.itjust.works 5 points 10 months ago (1 children)
[–] ted@sh.itjust.works 6 points 10 months ago (1 children)

No, no, you misunderstand, see: they spend all their lose change and while that causes them to loose money on the food, they gain in the long run.

[–] mindbleach@sh.itjust.works 4 points 10 months ago

Ahhh. This is what an aneurysm feels like.

[–] HoloPengin@lemmy.world 3 points 10 months ago (1 children)

Another is the rotisserie chicken which they put in the back of the store.

[–] Ghostalmedia@lemmy.world 2 points 10 months ago

True dat. I always wondered why they don’t put the hotdogs in the back to lure people in - like IKEA.

[–] Asafum@feddit.nl 7 points 10 months ago

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 :(