Trader Joe's

Trader Joe's Company
IndustryRetail (grocery)
Founded
  • 1958; 67 years ago (1958) as Pronto Markets
  • 1967 (1967) as Trader Joe's
  • Pasadena, California, US
FounderJoe Coulombe
Headquarters
Monrovia, California
,
US
Number of locations
474 (as of 12 October 2017) 503 (2019)
Key people
Dan Bane (Chairman & CEO)
ProductsPrivate label staple foods, organic foods and specialty products
RevenueIncreaseUS$13.3 billion (FY 2017)
Number of employees
10,001 (2019)[1]
ParentAldi Nord
Websitetraderjoes.com

Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. By 2015, it was a competitor in "fresh format" grocery stores in the United States.[2][3] It is owned by a German company, Aldi.

By November 2019, Trader Joe's had over 503 stores nationwide in 42 states and Washington, D.C.[4]

The first Trader Joe's store was opened by founder Joe Coulombe in 1967 in Pasadena, California.[5] It was owned by German entrepreneur Theo Albrecht[6] from 1979 until his death in 2010, when ownership passed to his heirs.[7]

References

  1. ↑ "Trader Joe's". Forbes. Retrieved June 2, 2019.
  2. ↑ Lutz, Ashley (October 7, 2014). "How Trader Joe's Sells Twice As Much As Whole Foods". Business Insider. Archived from the original on June 30, 2015. Retrieved June 28, 2015.
  3. ↑ "Whole Foods Is Slowly Killing Traditional Supermarkets". Business Insider. Archived from the original on September 20, 2016. Retrieved September 22, 2016.
  4. ↑ "Where in the dickens you can find a Trader Joe's?" (PDF). Trader Joe's. Archived (PDF) from the original on May 28, 2016. Retrieved June 6, 2016.
  5. ↑ "Our Story". Trader Joe's. 2017. Archived from the original on November 16, 2018. Retrieved November 16, 2018.
  6. ↑ "Theo Albrecht: One of the two brothers behind the Aldi supermarket empire". The Independent. London. August 14, 2010. Archived from the original on April 7, 2014. Retrieved April 2, 2014.
  7. ↑ Armstrong, Larry (April 26, 2004). "Trader Joe's: The Trendy American Cousin". BusinessWeek and www.traderjoes.com. Archived from the original on September 5, 2015. Retrieved November 27, 2009.

Other websites

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