Re:The CEO of Whole Foods on "Conscious Capitalism"
by grandalf on Tuesday April 20, 2010 @06:43PM
(#1280821)
Trader Joe's sells a lot of garbage. I shop there now and then but if Trader Joe's is a substitute for Whole Foods then you are not shopping for the same sort of items. I've heard rumors that some Trader Joes (such as the one in Boston) have good fresh produce, but none that I've ever shopped in do.
Trader Joe's is essentially a clever white label branding and merchandising strategy. It's a great store, but mostly sells processed, frozen food and lots of junk food and booze.
"Mr Mackey seems like a wise man and I look forward to meeting him one day. But I’m too price sensitive to shop at Whole Foods – I shop at Trader Joe’s, where cheap prices, great product, chill staff and convenient delivery make me a happy customer."
Good example of true capitalism and 'healthy' competition.