Apparently the founder threatened to kill the CEO if the CEO raised the price
The way all CEOs should be. Publicly-traded companies are a mistake.
I believe costco is public
I’m aware of that - I think the famous story about the hot dog price is the CEO talking to the board members. I’m just saying that the Costco CEO is the exception, not the rule, and that’s because the incentives of the publicly traded model reward doing literally anything to make line go up, even if it means literally killing people.
Except the Costco CEO retired years ago. And now Costco is even more greedy than it was.
What about Sam’s Club?
owned & operated by walmart, founded by sam walton.
Downvoting cause ceo proposed to raise the price and it was the founder that influenced his decision to keep it the same.
And Arizona iced tea has been $0.99 for 30 years
Not in the last few years. They took the hard price off the can designs and now they’re 1.39-1.69 depending on the place.
https://www.walmart.com/ip/Arizona-Green-Tea-With-Ginseng-Honey-23-oz/15603565?classType=REGULAR
Walmart lists them at $1.
The official website also claims they’re still $0.99: https://drinkarizona.com/pages/about-us
I think it’s the fault of the retailer wherever you’re seeing that price.
I’ve always gotten them at walmart for $0.88? in different states too
that’s always been the case, even when they had that shit printed on the can. it’s a matter of the individual retailers doing that. I think there was some system to report them to the company but obviously the arizona tea company doesn’t really have any control over the prices that retailers decide to sell their shit for. which is partially why I think the whole thing that they’re only supposed to cost a dollar everywhere is kind of lowkey just a marketing ploy.
30 years ago, Arizona iced tea was made with cane sugar. Now it’s all high fructose corn syrup.
Only because it’s a loss leader. You know, to help the customers spend more and make the company more profits. That’s a different kettle of fish.
Go get a hotdog come home with a 75" TV. All retailers have loss leaders. I’m a customer, Their prices are generally good. Their store brand is generally excellent. The return policy good, they are fair to good to their employees. I like it
I literally got a hot dog and a 75” TV a month ago lol
Then there’s me. No membership. Just go inside for the great pizza and hotdog deals.
Jk on them, my most regular receipt is just that hotdog. Walk right through the registers, eat food, leave with nothing else.
It’s a damn good hot dog at an absurd price - on the scale of processed meats, let’s be real.
I do the same with their sundae, well, before they replaced it with their Blizzard like ice cream.
That’s often said, but is it true?
