Here's how Trader Joe's keeps its groceries so cheap
Here's how Trader Joe's keeps its groceries so cheap
Trader Joe's sells private-label products. That means the grocer is buying goods directly from the supplier, cutting out the middlemen in the supply chain that can drive up costs.
About 80% of the products Trader Joe's carries are private label.
Trader Joe's doesn't focus on packaging. By spending less time and money worrying about small imperfections in packaging, Trader Joe's is able to cut costs and pass those savings on to the customer.