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Years ago, I used to spend certain Sunday mornings visiting a dilapidated cabin lovingly referred to as the “Food Church.” For $2, visitors could have access to an array of recently expired Trader Joe’s items-everything from frozen pizza and sushi to apples and kale. Unlike many places that proffer expired food, the Food Church wasn’t […] More
If the economy is in peril, all companies should be reducing every cost possible, right? Especially employees-who should be grateful just to have a job, goes the thinking. Not exactly, as Sophie Quinton reports for the Atlantic: Many employers believe that one of the best ways to raise their profit margin is to cut labor […] More
At the sound of Thursday’s opening bell at the New York Stock Exchange (NYSE), denim retailer Levi Strauss & Co. will once again become a public company. Using the ticker symbol LEVI, the jeans giant reenters Wall Street in a deal led by Goldman Sachs and JP Morgan. Levi’s priced its shares at $17, which […] More
Target has put a target on Two Buck Chuck. The one-stop shopping chain is coming for Trader Joe’s and its share of the cheap-ass wine business, by rolling out a line of $5 bottles. Starting Sept. 3, customers in 1,100 Target locations canthrow down a Lincoln and walk away with one of five varietals from […] More
When I was hired by Trader Joe’s at 16, I wasn’t even legally able to run a register. I was told I was hired based on my personality, even if I was almost useless. By the time I left seven years later, I’d worked across six different stores. And I don’t know how they do […] More
Trader Joe’s is working to make its paper receipts less harmful to customers, although there’s no guarantee that the prices on those receipts won’t still give you a heart attack. The company announced on its website that it isgetting rid of receipt paper that contains bisphenol S (BPS) and bisphenol A, or BPA, an estrogen-mimicking […] More
Trader Joe’s announced a new product this week. It’s not frozen cashew milk or kale-flavored Joe Joe’s, but a podcast. And like its other cult favorites, it’s weirdly popular. At press time, it was number three on Apple Podcasts, edging out Joe Rogan. The five episodes of Inside Trader Joe’s attempt to answer all the […] More
On Wall Street, people obsess about risk, using high-speed computers and advanced math to identify different kinds of it and how to profit off it. But just a few miles away, I found an equally rich investigation of risk in action when I met a New York-based paparazzo whose entire livelihood depends on knowing the […] More
What if you could Frankenstein together the low prices and variety of a Costco, the health consciousness of Whole Foods, with the quality and design of an Everlane? Direct-to-consumer startup Public Goods does that by offering low prices for premium products by way of a $59 yearly membership. The Brooklyn company, which originally launched in […] More
Trader Joe’s and Airbnb are engaged in a legal tussle. And it’s not because tenants are trying to rent out space in the produce aisle. The grocery company is tired of Airbnb-affiliated people gathering outside of its San Diego stores asking for petition signatures. According to a report from NBC San Diego, Trader Joe’s has […] More
Trader Joe’s is taking the fight against plastic to its 500 or so stores. The grocery chain announced that it is cutting back on plastic waste in the hopes of eliminating one million pounds of plastic from its stores as soon as possible. The move comes following an online Greenpeace petition that was started late […] More
For apartment dwellers, the new must-have building amenity isn’t a rooftop terrace or a fancy fitness room but a nice grocery store on the ground floor. According to a new study, renters are willing to pay around 6% more to live above a Whole Foods or Trader Joe’s. Conducted by RCLCO Real Estate Advisors, the […] More