Agreed, its like they want a case for the park being renamed to "Amnesia Busch."It's just not the same as it used to be at all, and it seems like management doesn't care. There are very few shows. Food is expensive and not as good. Shops, restaurants and even some rides are either often closed or have reduced operating hours. The whole park closes earlier too. What we do have is higher ticket prices and more ways to spend money around every corner and with every seasonal event. It seems like the current business model is to ignore the way the park used to be and those who come with that expectation but instead focus on new attractions that bring in new people who don't know any different or expect anything better. If that's the case, it seems to be working.
Their CEO has gone on record to say that regardless of cost to them, the hot dog and drink combo will remain $1.50
Source[Costco CEO Craig] Jelinek approached Costco co-founder and former CEO Jim Sinegal. He told him the company was losing money over the iconic food item.
"I came to (Sinegal) once and I said, 'Jim, we can't sell this hot dog for a buck fifty," Jelinek said ... "We are losing our rear ends.' And he said, 'If you raise (the price of the) effing hot dog, I will kill you. Figure it out.'
Same thing with their roasted chickens, they've been pretty adamant that they aren't going to increase the prize of them.I mean, if Costco got into theme parks, I could see it working ok - they fully understand how to use loss leaders (rotisserie chicken, etc) while keeping a focus on customer and employee satisfaction with both high quality products and genuine care. They are proud to have several photos at each warehouse of employees that have been there in the front lines 20+ years and counting... And this is in retail, which is known for high turnover low wage positions. Management can and will jump in to cover the slack anywhere in the operation - I've seen the general manager running carts to cover for the regular guy's break.
Hell, they made a big deal about how their Gold Star membership had to be increased by $5 (or whatever it actually was) with their announcement sounding more like an explanation and apology than a marketing strategy. Their CEO has gone on record to say that regardless of cost to them, the hot dog and drink combo will remain $1.50 (I think they may have also mentioned the pizza pricing staying fixed as well). They proactively survey customers to make sure they're doing everything they can to make things good - and with only maybe 1-2 corporate staff running the program and letting individual store management teams determine how best to carry it out.
But that pipe dream probably won't happen...
InBev, which bought out AB, divested everything but the core beer business - if you read the Busch family biography, it actually goes into a bit of detail about the new management team - they got rid of everything that isn't profit-minded, including gutting the offices (both in staffing and cushy settings). They are probably on the same train as Scott Ross and the SEAS board, though different industries. There is slim possibility AB as it used to be will exist again, and slimmer possibility that the company would buy back the parks and other non-beer business lines.
As far as going out of business - not likely, though as some have suggested it's possible they're setting up to be bought out as a nice payday for stock holders.
There's no difference. I meant the rotisserie chicken or whatever they actually call it@BGWnut is there a difference between the roasted and rotisserie chicken? Either way, they definitely have mentioned they keep it $5 and know it's at a loss just as a way to encourage customers to the back of the warehouses.
Edit: also, no clue about the shell game being played by Scott and the board other than it is one.
Get your merch without the surcharge while you can!I am starting to hear from staff members that the surcharge on mercy sales that we have seen in Florida will soon be making it's way here possibly as early as the opening of HOS.
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