Becoming Trader Joe how I did business my way and still beat the big guys

by Coulombe, Joe, 1930-2020,

Format: Kindle Book 2021 2021
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Summary
"Build an iconic shopping experience that your customers love{u2014}and a work environment that your employees love being a part of{u2014}using this blueprint from Trader Joe{u2019}s visionary founder, Joe Coulombe. Infuse your organization with a distinct personality and culture that draws customers in a way that simply competing on price cannot. Joe Coulombe founded what would become Trader Joe{u2019}s in the late 1960s and helped shape it into the beloved, quirky food chain it is today. Realizing early on that he could not compete and win by playing the same game his bigger competitors were playing, he decided to build a store for educated people of somewhat modest means. He brought in unusual products from around the world and promoted them in the Fearless Flyer, providing customers with background on how they were sourced and their nutritional value. He also gave the stores a tiki theme to reinforce the exotic trader ship concept with employees wearing Hawaiian shirts. In this way, Joe laid down a blueprint for other business owners to follow to build their own unique shopping experience that customers love, and a work environment that employees love being a part of. In Becoming Trader Joe, Joe shares the lessons he learned by challenging the status quo and rethinking the way a business operates. He shows readers of all types: How moving from a pure analytical approach to a more creative, problem-solving approach can drive innovation; How finding an affluent niche of passionate customers can be a better strategy than competing on price and volume; How questioning all aspects of the way you do business leads to powerful results; How to build a business around your values and identity."--publisher's website.
Contents
Foreword by Leroy D. Watson
Preface: What's in a name?
Coauthor's note
A Trader Joe's sampler
Section 1. How we got there
The milk train doesn't stop here anymore
The god of fair beginnings
The guns of August, the wages of success
On the road to Trader Joe's
How I Love Lucy homogenized America
Good time Charley
Uncorked!
Whole Earth Harry
Promise, large promise
Hairballs
Section 2. Mac the knife
Mac the knife
Intensive buying
Virtual distribution
Private label products
From discrete to indiscretions
Too, too solid stores
Skunks in the office
Double entry retailing
Demand side retailing
Supply side retailing
The last five year plans
Section 3. First I sell, then I leave
Employee ownership
The sale of Trader Joe's
Goodbye to all that
Addendum. Post de-partum.

Published Reviews
Publisher's Weekly Review: "Trader Joe's founder Coulombe details the company's rise from a plucky grocery operation to industry heavyweight with legions of loyal customers in his inspiring and revealing debut. He largely focuses on the often-surprising decisions behind the company's success, covering the company's strategies for buying, advertising, distributing, and day-to-day operations since opening in 1967. Unconventional decisions about minor facets of the business paid big rewards, he demonstrates: in the 1980s, Coulombe used the enterprise's increasingly powerful brand, for example, to popularize the previously little-known pilchard as a low-cost alternative to tuna. Coulombe shares his thoughts on his hiring process (and why he's made it a point to hire people over 55) and his fondness for left-handed employees (they "see the world differently"), and details how he capitalized on such trends as the homogenization of American culture and the emergence of a well-educated, well-traveled consumer demographic. Coulombe also offers an excellent road map for success in life more generally, showing how determination and a willingness to try new things can save the day. Readers interested in the fascinating history behind a beloved brand--and entrepreneurs looking for guidance on how to think out of the box--need look no further. (June)"
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Additional Information
Subjects Coulombe, Joe, 1930-2020
Trader Joe's (Firm)
Grocers United States Biography
Businesspeople United States Biography
Grocery trade United States History
Supermarkets United States History
Autobiographies
Economics
Cooking & Food
Nonfiction
Business
Electronic books.
Autobiographies.
1930-2020.
Publisher [Place of publication not identified] :Harpercollins Leadership2021
2021
Other Titles How I did business my way and still beat the big guys
Contributors Civalleri, Patty, author.
OverDrive, Inc.
Language English
System Details Mode of access: World Wide Web.
Format: Adobe EPUB eBook
Format: Kindle Book
Format: OverDrive Read
Requires Adobe Digital Editions or Amazon Kindle
Description 1 online resource
ISBN 9781400225415
1400225418
Other Classic View