Costco CEO Says He Won’t Raise The Price Of Hot Dogs
Prices are going up just about everywhere, but there’s still one product out there that’s not budging a single penny. That would be the $1.50 Costco hot-dog-and-soda combo.
Costco CEO Craig Jelinek went on CNBC Monday and was asked if he planned to raise the price of the retailer’s signature menu item – which has remained at $1.50 for decades. His one-word response? “No.” Costco has raised the price of a few food court items in recent months. The chicken bake went up a dollar to $3.99, while the price of a 20-oz soda climbed 10 cents. What item have you noticed the biggest price increase on in the last year?
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