this post was submitted on 02 Nov 2023
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[–] [email protected] 27 points 1 year ago* (last edited 1 year ago) (9 children)

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

[–] [email protected] 30 points 1 year ago (5 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 5 points 1 year ago (2 children)
[–] ted 6 points 1 year 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 4 points 1 year ago

Ahhh. This is what an aneurysm feels like.

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