Birdwatch Note Rating
2025-01-16 21:50:06 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 076D739A9C2F88B635C27DE49C896CA0A5EFEFC012D6D3C5BE4E6DFC027DC124
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Original Note:
Costco sells its hot dogs at a loss as part of a strategy called loss-leading. They keep the price of its hot dog and soda combo at $1.50. It would cost about $4.50 if adjusted for inflation. Costco is willing to lose money on the hot dogs to attract and retain customers https://www.cnn.com/2024/03/27/economy/costco-hot-dog-inflation/index.html https://en.wikipedia.org/wiki/Costco_hot_dog https://www.forbes.com/councils/forbescommunicationscouncil/2023/08/30/why-the-hot-dog-hedge-is-a-loss-leader-strategy/
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