Costco’s founder once threatened the CEO over raising hot dog prices, and the internet is eating it up
September 21, 2020 at 14:17 PM EDT
Jim Sinegal, Costco's founder, has always been fiercely customer first, an approach that the wholesale retailer has fostered for decades. Of course, shareholders aren't complaining either, considering how the stock has fared since it IPO'd decades ago at a split-adjusted $1.67 a share. It's at $334 now.