• Costco has a $275 million plan to make sure its rotisserie chicken never costs more than $5

    28 days ago - By Chron

    Paul Sakuma/AP Images
    Costco is committed to keeping its rotisserie chicken priced at just $5.
    The company is in the process of building a $275 million chicken-processing factory in Nebraska, set to open next year.
    The factory is intended to cut costs, helping Costco keep the rotisserie chicken priced at $5 in years to come.
    Costco is committed to keeping its rotisserie chicken priced at just $5 - no matter what it takes.
    "We were willing to eat, if you will, $30 to $40 million a year in gross margin by keeping it at $4.99," Richard Galanti, Costco's chief financial officer, said in a 2015...
    Read more ...

     

  • Costco has a $275 million plan to make sure its rotisserie chicken never costs more than $5

    Costco has a $275 million plan to make sure its rotisserie chicken never costs more than $5

    28 days ago - By Business Insider

    Costco is committed to keeping its rotisserie chicken priced at just $5.
    The company is in the process of building a $275 million chicken-processing factory in Nebraska, set to open next year.
    The factory is intended to cut costs, helping Costco keep the rotisserie chicken priced at $5 in years to come.
    Costco is committed to keeping its rotisserie chicken priced at just $5 - no matter what it takes.
    "We were willing to eat, if you will, $30 to $40 million a year in gross margin by keeping it at $4.99," Richard Galanti, Costco's chief financial officer, said in a 2015 earnings call...
    Read more ...

     

  • Costco has a $275 million plan to make sure its rotisserie chicken never costs more than $5

    Costco has a $275 million plan to make sure its rotisserie chicken never costs more than $5

    28 days ago - By Business Insider

    Costco is committed to keeping its rotisserie chicken priced at just $5.
    The company is in the process of building a $275 million chicken-processing factory in Nebraska, set to open next year.
    The factory is intended to cut costs, helping Costco keep the rotisserie chicken priced at $5 in years to come.
    Costco is committed to keeping its rotisserie chicken priced at just $5 - no matter what it takes.
    "We were willing to eat, if you will, $30 to $40 million a year in gross margin by keeping it at $4.99," Richard Galanti, Costco's chief financial officer, said in a 2015 earnings call...
    Read more ...