In 1985, Costco first introduced its now legendary food court deal: a hot dog and soda for just $1.50. Part of what makes the offer so mythical is that, 35 years later, the price hasn't budged—despite the fact that the Bureau of Labor Statistics' CPI Inflation Calculator suggests the ...
Over the years, Costco leaders have pledged to keep the price of the hot dog and soda combo as low as is sustainably possible.(iStock / iStock) Withinflation pushing costs higherover the ensuing decades, the financial Motely Fool wrote in an article published last year that Costco should ...
When Richard Galanti recently retired as chief financial officer at Costco Wholesale, he probably was the longest-serving CFO in the S&P 500 index having held the position since the company’s initial public offering in December 1985. Continue reading this article with a Barron’s subscription SUBS...
The addition of acai fruit bowls, organic burgers and plant-based protein salads to its food court offerings doesn't mean Costco is nixing its original $1.50 all-beef hot dog combo -- 137 million of which sold last year. "The all-beef hot dog remains," Richard Galanti, the retaile...
If you were to visit Costco or Sam's only to get a hot dog combo at the food court, you'd probably pay more in gas just to get there. Why are these two wholesalers selling their dogs at a loss, when they probably could have gotten away with having at least doubled the cost by ...
Costco's new CFO, Gary Millerchip, however, gave us all that warm and fuzzy feeling when he went above and beyond to make sureeveryone knewthat the $1.50 hot dog combo at Costco is staying put. It almost felt like an after-game press conference as Millerchip stepped up to the mic and...
and Costco CEO Craig Jelinek over the cost of their hot dog and soda combination — a staple of the brand that has not changedsince 1985—frequently goes viral on social media. As the story goes, Jelinek wanted to raise the price of the hot dog combo, and Sinegal did not take it ...
The newest social media sensation combines two of Costco's most beloved food court items: the hot dog and chicken bake. It is really messy.
While the price cut is pitched as an effort to allow a member's dollar to go further at the store, it also undercuts the price of the same hot dog combo at Sam's Club's biggest competitor, Costco, which still charges $1.50. ...
Big change coming to Costco's . hot dogsoda comboHouston Chronicle