About: http://data.cimple.eu/claim-review/a4640e9591db27c865a37eab21f277122f72024091e77aed571db3a3

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/claim-review/a4640e9591db27c865a37eab21f277122f72024091e77aed571db3a3 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:ClaimReview, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:ClaimReview
http://data.cimple...lizedReviewRating	credible
schema:url	http://www.snopes.com/fact-check/costco-founder-kill-hotdogs/
schema:text	An exchange between Costco founder Jim Sinegal and Costco CEO Craig Jelinek over the cost of their hot dog and soda combination — a staple of the brand that has not changed since 1985 — frequently goes viral on social media. As the story goes, Jelinek wanted to raise the price of the hot dog combo, and Sinegal did not take it well: The exchange, based on the testimony of Jelinek — the CEO who wanted to raise the price — is factual. He discussed it in an April 12, 2018, speech to a local chamber of commerce. His remarks, which were part of a broader message about problem solving, were summarized in several places including the website 425 Business: “I came to (Jim Sinegal) once and I said, ‘Jim, we can’t sell this hot dog for a buck fifty. We are losing our rear ends.’ And he said, ‘If you raise the effing hot dog, I will kill you. Figure it out.’ That’s all I really needed. By the way, if you raised (the price) to $1.75, it would not be that big of a deal. People would still buy (it). But it’s the mindset that when you think of Costco, you think of the $1.50 hot dog (and soda). “What we figured out we could do is build our own hot dog-manufacturing plant (in Los Angeles) and make our own Kirkland Signature hot dogs. Now we are doing so much hot dog business that we’ve opened up another plant in Chicago. “By having the discipline to say, ‘You are not going to be able to raise your price. You have to figure it out,’ we took it over and started manufacturing our hot dogs. We keep it at $1.50 and make enough money to get a fair return.” Because the story comes from Jelinek himself, the claim is true.
schema:mentions	Jan Jelinek Hot dog Soft drink Costco Los Angeles Chicago Social media Chief executive officer William Lane Craig Debate chamber dbpedia:James_Sinegal
schema:reviewRating	True
schema:author	snopescom
schema:datePublished	2021-03-28 (xsd:date)
schema:inLanguage	English
schema:itemReviewed	http://data.cimple.eu/claim/2d4451b16b79918d3495c23712d9d965e9899f4296d5020003399baa

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 2 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software