McD’s has been expensive as fuck for years now. I can feed my entire family of 7 for under $20 at the Costco food court. That’s something for McD’s to aspire to.
"When longtime Costco president W. Craig Jelinek once complained to Costco co-founder and former CEO Jim Sinegal that their monolithic warehouse business was losing money on their famously cheap $1.50 hot dog and soda package, Sinegal listened, nodded, and then did his best to make his take on the situation perfectly clear.
“If you raise [the price of] the effing hot dog, I will kill you,” Sinegal said. “Figure it out.”"
McD’s has been expensive as fuck for years now. I can feed my entire family of 7 for under $20 at the Costco food court. That’s something for McD’s to aspire to.
Costcos food court isn’t their primary business, it’s a loss leader.
But it did result in the best CEO quote ever:
https://www.mentalfloss.com/article/547020/costco-150-hot-dog-soda-combo-enigma
"When longtime Costco president W. Craig Jelinek once complained to Costco co-founder and former CEO Jim Sinegal that their monolithic warehouse business was losing money on their famously cheap $1.50 hot dog and soda package, Sinegal listened, nodded, and then did his best to make his take on the situation perfectly clear.
“If you raise [the price of] the effing hot dog, I will kill you,” Sinegal said. “Figure it out.”"
Their hot dog is a loss leader. But yes, you’re not wrong. Still. Feeding my whole family for under $20 is a feat.
Loved that about him. I hope they continue that.
Side note, someone on here said they got banned from reddit recently for using that quote. AI mods in action.
Definitely AI mods. They don’t understand context, but definitely have a whitelist of what subs and users not to touch for sure.
It’s not just the value proposition that McDonald’s can aspire to, but Costco’s principles on how they run their business: