In the working-class Massachusetts neighborhood of Dorchester, south of downtown Boston, nonprofit grocery store Daily Table is on a mission to sell healthy food so cheap it can compete with fast food.
Daily Table was founded by former Trader Joe's President Doug Rauch, and it aims to keep prices low because it's sourcing food other grocers don't want or need. Whether that is due to a surplus supply, close expiration dates, or it looks too "ugly," it's food that would otherwise be destined for a landfill.
The founder is not new to the grocery store scene. He spent over three decades building a small Southern California chain Trader Joe's into a nationwide business. After retiring as president in 2008, he accepted a fellowship at Harvard and looked at ways he could use his experience to tackle social challenges.
His solution was the Daily Table.
"We're basically a hunger relief health-care agency that's masquerading as a retail store," Rauch told CBNC's "On the Money" in a recent interview.