St. Norbert Admission Rep, Enthusiast of Social Media, Traveling, and Real Football (Soccer) - Chelsea Die Hard, Packer Fan, St. Norbert Alum, Wisconsinite
If you have tickets for the Packers-Vikings game that you need to sell, let me know. I'll find a PACKERS fan that will buy your tickets. You set the price. I don't make any money facilitating these deals. Let's keep the Vikings fans at home.
#KeepLambeauGreenAndGold
ANDERSON. NATIONAL CHAMPION.
Aiden Anderson becomes the 11th student-athlete in St. Norbert College history to be crowned with an individual national championship!!!!!!
Anderson cleared a height of 16 feet 10 3/4 inches to claim the title!
#GoGreenKnights
Does it really get much bigger than this?
St. Norbert Men's and Women's Hockey will BOTH play for the respective NCHA Playoff Championships next Saturday in De Pere!!!
Women's game will start at 2 pm, while the men get started at 7 pm just down the complex!
#GoGreenKnights
Just Green Knight things
Congratulations to men’s and women’s track and field for winning this years NACC Indoor Championship!!
The women win their 10 straight title while the men get their fourth straight!!!
The legacy continues for the storied programs!
#GoGreenKnights
The Costco hot dog combo is a legendary meme.
But how does it still only cost $1.50? Introduced in 1985, the price of that combo should be ~$4.20 if adjusted for inflation.
Thankfully, the $216B warehouse retailer has done everything in its power to keep the price down.
And Costco sells A LOT of them: 130m+ hot dogs a year (more than all MLB teams combined).
Many believe the $1.50 combo is a “loss-leader” for Costco, but this is incorrect.
In a 2009 interview, Costco co-founder and former CEO Jim Sinegal told the Seattle Times that Costco doesn’t “engage in loss leaders” and “the only time we sell below cost is when we’ve made a mistake and have to mark it down”.
However, the retailer does cap its margin at 14% and drives many products to near break-even.
Here’s how Costco has managed to keep the cost of the inconic hot dog combo at $1.50:
1️⃣It dropped leading hot dog suppliers like Hebrew National and Nathan’s because they wouldn’t lower prices
2️⃣In 2009, Costco built its own hot dog manufacturing plant in LA (and has a second one in Chicago)
3️⃣ It got better pricing on buns, ketchup and mustard
4️⃣ It removed onions and sauerkrauts as free condiments
5️⃣ It dropped Polish sausages
6️⃣ The pop that came with the combo was swapped from a can to refillable fountain soda
Costco’s effort to keep hot dog prices low is also the source material for the greatest quote in business history.
In 2018, the current Costco CEO Craig Jelinek was recounting a conversation he had with Sinegal, who he just replaced as CEO.
Jelinek told Sinegal he wanted to raise the price of the $1.50 hot dog and pop combo.
Sinegal shot back, “If you raise the [price of the] f**ing hot dog, I will kill you. Figure it out.”
Costco has figured it out and, in September 2022, the company’s CFO Richard Galanti confirmed that the hot dog combo would remain at $1.50 despite rising inflation.
“There are some businesses that are doing well with margin like gas business on a smaller way -- in the travel business,” said Galanti. “Those things help us be more aggressive in other areas, or as you mentioned, hold the price on the hot dog and the soda a little longer, forever.”
Forever sounds about right.
#Packers were without their top 3 WRs, top 2 CBs, All-Pro LT, All-Pro pass rusher, starting center and defensive coordinator and just beat the NFL‘s last undefeated team 24-21.
On the road. On a short week.
Best win of the Matt LaFleur era.