Birdwatch Note Rating
2025-01-13 03:56:47 UTC - NOT_HELPFUL
Rated by Participant: D722CFC989536BBD74D4B56B251AD01B23D3CB2A0F2FDE09B7BCC2554848AD44
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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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