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Costco hot dog (en.wikipedia.org)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 41 points 1 month ago (1 children)

In 2009, the Seattle Times asked Costco co-founder (and then-CEO) Jim Sinegal, "If [the price of the hot dog] ever goes up, what will it mean?" Sinegal replied, "That I'm dead."

Craig Jelinek, Sinegal's successor as CEO, revealed in 2018 that he approached Sinegal about raising the price of the hot dog combo, saying, "Jim, we can't sell this hot dog for a buck fifty. We are losing our rear ends." According to Jelinek, Sinegal replied, "If you raise the effing hot dog, I will kill you. Figure it out."

[–] [email protected] 2 points 1 month ago

Coincidentally, that's around the time when they stopped offering onions.