Interesting read about Trader Joe’s in the latest issue of Fortune magazine. I knew from my work as a prospect researcher that TJ’s was owned by a massive, secretive German corporation, but the article goes into a lot more detail about how the company keeps its prices so low.
I remember I was once at a Christmas party and met a TJ’s crew member. He started talking about how to keep the prices so low, the shop had basically tossed out the book on sustainability. I decided to ignore him and concentrate on my egg nog. La la la, can’t hear you!