Costco facts of the day
Costco sold 157.4mn rotisserie chickens worldwide last year, almost double the number of a decade ago. “It’s $4.99 and for Costco members, that’s one fantastic deal. I don’t think you can produce it for that,” said Walt Shafer, who oversaw the construction and management of the Nebraska site before he retired from Costco this year. […] The post Costco facts of the day appeared first on Marginal…
Costco sold 157.4 million rotisserie chickens worldwide last year, nearly double the quantity from a decade prior. The $4.99 price point, exclusively for Costco members, is hailed as an exceptional bargain by Walt Shafer, who managed a Nebraska Costco site before retiring. These birds have remained at $4.99 since 2009 despite the US retail price of chicken more than doubling.
This product has become a well-documented "loss leader," bolstering the loyalty of Costco shoppers who pay membership fees for the privilege of shopping there. Rotisserie chickens account for just a fraction of the chicken processed in Nebraska; the facility also cuts breasts, thighs, and other cuts into six-pouch "saddle packs" for distribution to stores.
Raw breast meat, priced at $2.99 per pound, helps offset losses on the more expensive rotisserie birds.
Written by urgent.news from Marginal Revolution's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
