SWOT Analysis Essay Example | Topics and Well Written Essays - 250 words - 1

SWOT Analysis - Essay Example Sustainable business practices and strong commitment to corporate social responsibility are other major strengths of Trader Joes. â€Å"Trader Joe’s is committed to providing selective products that cannot be found in grocery stores† (â€Å"What is Trader Joe’s Strategy?†). In other words, unique products are the major strength of Trader Joes. Expanding global market, growing demand for organic foods and growing ecommerce opportunities are providing many opportunities to Trader Joes. India and China like Asian countries are developing rapidly at present provides excellent opportunities to Trader Joes like companies. Product recalls and the increased focus on some geographical areas alone are some of the weaknesses of Trader Joes. It should be noted that Trader Joe has limited presence outside California. Inability to expand business to other territories not only in America but also in other parts of the world is some of the major weaknesses of Trader Joes. Increasing manpower cost, increasing competition and the entry of substitute products are some of the major threats of Trader Joes. Manpower cost in America is extremely higher compared to that in countries such as India or China. As a result of that Indian and Chinese products are causing big threats to the products of Trader