John

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Yes, we were briefly “number one” in great wines, thanks to the Christie’s auctions of 1976–77, but far more importantly we became the best place in the world to buy a good bottle of wine for less than $2.00. That’s a position we held for the rest of my days at Trader Joe’s. It absolutely addressed our prime market, the overeducated and underpaid people of California.
Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys
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