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A Trader Joe's store in Cobble Hill, Brooklyn, New York, built in a converted bank building. As of January 1, 2025, Trader Joe's had 593 stores across 43 states as well as the District of Columbia in the United States with stores being added regularly. [26] Most locations averaged between 10,000 sq ft (930 m 2) and 15,000 sq ft (1,400 m 2
Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the owner of Trader Joe's and Aldi Nord, and the son of Aldi's co-founder. As of July 2021, Albrecht's net worth is estimated at US$20.6 billion.
Aldi Süd revealed expansion plans in 2015, and expanded into the Southern California market, where Aldi Nord's Trader Joe's is based. [54] Reports in August 2019 stated that the company was in the process of using a $3.4 billion investment to expand to 2,500 stores in the country by the end of 2022.
Coulombe (1930-2020) had been running a small group of markets in the Los Angeles area, eventually buying them from the parent company before launching Trader Joe’s.
Grocery chains: Trader Joe's, ... Aldi is a German company, with its U.S. division based in Illinois. ... C&S already owns some Grand Union and Piggly Wiggly supermarkets.
Trader Joe’s launched in the late 1960’s in Pasadena, Calif., a short drive from Downtown Los Angeles. The company was purchased by Aldi founder Theo Albrecht in 1979 and is still owned by his ...
Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. [8] The supermarket divided into two legally separate operating units with two distinct geographical locations. Theo's Aldi Nord set to operate in the north of Germany, while Karl's Aldi Süd set to operate in Germany's south. [9]
A German family owns Trader Joe’s. Ben & Jerry’s, the quintessential Vermont brand, is under the arm of Britain’s Unilever. And Budweiser — the beloved “American-style” lager — is ...