Sam’s Club has lowered the price of its hot dog and soda combo due to inflation and to be cheaper than its rival, Costco.
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According to CNN, Sam’s Club has slashed the price of its hot dog and booze deal at its food court, competing with Costco, which has the same combo for $1.50.
Sam’s Club on their website in an ad that they dropped their hot dog and drink from $1.50 to $1.38.
“Honestly, it can’t be right. New lower price. Same great hot dog and drink combo. And the free refills are still pouring in,” Sam’s Club said in the ad.
According to CNN, Sam’s Club is owned by Walmart, and they announced the price change Tuesday as a way to offer bargains to shoppers who may be stretched thin due to inflation heading into the holiday season.
According to Insider, Sam’s Club has also slashed prices in other areas, including membership fees, charging $50 and $110 for different membership levels versus $60 and $120 at Costco. Walmart CEO Doug McMillion has said, according to Insider, that it also reportedly plans to keep prices low for Thanksgiving items.
According to CNN, the price of hot dogs increased 15.2% last month, but Sam’s Club and Costco have continued to offer their hot dog combos for a low price as a special benefit to their members.
CNN reported that Costco’s hot dog combo has cost $1.50 since it was brought to food courts in the mid-1980s. Costco reportedly sold 122 million hot dog combinations worldwide last year.
According to Insider, neither Costco nor Sam’s Club raised the price during inflation. Costco CEO Craig Jelinek confirmed, according to Insider, that there were no plans to raise the price.
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