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When there are inflationary pressures and prices are going up, people look to save on gas.
Found on CNN 1 year ago
We're always trying different things. Trader Joes and others still scratch Trader Joes and others head a little bit on it. Trader Joes and others figured Trader Joes and others'd try it in a discrete market where there's just a limited number of locations, and it's really nothing more than a test at this point.
You have to have a place to store the stuff, you can't store it at room temperature. You've got to separate it into refrigerated, frozen and dry.
We want you to walk the warehouse and see what we have to offer.
In general, people have been staying home and so we've seen strength in categories like food and drinks, kitchen and furniture categories.
$ 30 million, $ 40 million a year on gross margin by keeping it at $ 4.99, that is what we do for a living.
Found on CNN 3 years ago
The sample sizes are generally large to start with, so you can go back two or three times, we, and the vendor, want you to like it.
It’s become a signature item, i’ve been on shareholder calls where I’ve had to say, ‘earnings would’ve been higher, but we kept the chicken at $4.99.’.
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