| The Trader Joe's model is an interesting comparison with the Costco model. Similarities: * Like you said, both have fewer choices than a conventional grocery store: if you want ketchup or peanut butter, there's only going to be one brand and one size. * Both of them don't have scales at the registers: unlike at a conventional grocery store, nothing is sold by weight (which I'm sure provides another small efficiency gain). * Both of them are cheaper than your typical grocery store. Differences: * I feel like Trader Joe's leans on store brand / white-labeling items more than Costco -- yes Kirkland Signature is a thing but Trader Joe's takes it further. * The shopping experience is pretty different both in terms of the in-store experience and the quantities things are sold in. * Costco requires a membership, Trader Joe's doesn't. I wonder which elements of the two models would work best for a public grocery store. |
They are huge - ~15,000 stores worldwide and growing fast
https://en.wikipedia.org/wiki/Aldi