Costco, losing money for years on their $4.99 chickens, now has purchased a huge farm in Nebraska to grow their own

[Dan Druff]

Interesting article, especially for those who regularly eat Costco rotisserie chicken: https://www.cnn.com/2019/10/11/busin...ken/index.html

I had wondered in recent years how they profit selling whole chickens at $4.99. The answer is that they don't. They lose over $30 million per year on it, but it's a loss leader to entice people to visit the store more often.

Anyway, to cut costs, they are going to have their own chicken farm in Nebraska, which will eventually process 100 million chickens (!!) per year.

[FRANKRIZZO]

I love costco barbecue chicken great deal and easy meal when the go with no time to cook.

[SPIT this]

Hack: You don't need to be a member to shop at Costco. You just need a Costco Cash Card (gift card). You will need a member to buy a card for you tho, or you can buy one on ebay at a mark-up.

If you do want a membership, they occasionally have Groupons that brings the effective price down to like $20.

[big dick]

One of the few decent large compainies left in this country

[Sanlmar]

One of the few decent large compainies left in this country

Don’t know much about chicken but I have heard that Costco pays their retail help well and offer full benefits.

I will never set foot in a Walmart. You gotta live by some kind of code.


Well.... I have always understood the cooked chicken in stores represents those that have hit their freshness date deadline and graduate to the ovens.

Guys talk, you hear things

[Krypt]

dude there are regular costco employees who’ve been with the company for 15+ years that have 401k’s with 1M + easy. I’ve seen it personally, and it’s not a rare occurrence. You might ask how it is possible for someone with no post-secondary education to attain so much in a retirement account, and the answer is quite simple: the company used to allow their employees to divert 100% of their biweekly contributions to their company stock. So you have a bunch of complete mouthbreathers luckboxing their entire retirement savings into COST stock for 15-20 years of compounding gains. Diversification is indeed overrated.

[splitthis]

Hack: You don't need to be a member to shop at Costco. You just need a Costco Cash Card (gift card). You will need a member to buy a card for you tho, or you can buy one on ebay at a mark-up.

If you do want a membership, they occasionally have Groupons that brings the effective price down to like $20.

You just need friends that have a membership and pay with cash. They never look at the picture and it is such poor quality it could be anyone.

[SPIT this]

Hack: You don't need to be a member to shop at Costco. You just need a Costco Cash Card (gift card). You will need a member to buy a card for you tho, or you can buy one on ebay at a mark-up.

If you do want a membership, they occasionally have Groupons that brings the effective price down to like $20.

You just need friends that have a membership and pay with cash. They never look at the picture and it is such poor quality it could be anyone.

I’d borrow your membership but Druff said I’m not allowed to impersonate you anymore. Store policy

[Walter Sobchak]

KEEP FUCKING THAT CHICKEN!