One of the best parts of every visit to the Costco supermarket mega chain (COST) – Get a free report stops at the little food counter on the way out the door. Customers will secure a spot in line as soon as they’re done checking out, leaning on their carts packed with bulk groceries and listening intently for their ticket number to be called.
Costco’s grocery offerings are known for one thing: affordability. Some may even use the word “cheap,” but low ticket prices on food like pizza, chicken sandwiches, and hot dogs actually cost the chain a fair amount of money. Fortunately for Costco, the loss is worth it. Because low-priced food drives customers into the store and incentivizes those same customers to keep their memberships active.
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