Operating Principle1 book · 2 highlights

Each SKU Profit Center Discipline

Books Teaching This Pattern

Evidence

Becoming Trader Joe by Joe Coulombe — book cover

Becoming Trader Joe

Joe Coulombe · 2 highlights

  1. “Each SKU would stand on its own two feet as a profit center. We would earn a gross profit on each SKU that was justified by the cost of handling that item. There would be no “loss leaders.””

  2. “Above all we would not carry any item unless we could be outstanding in terms of price (and make a profit at that price per #7) or uniqueness.”

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