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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.
In 1967, Coulombe changed the name Pronto Markets to Trader Joe's. He led the chain to success and sold it in 1979 to German billionaire Theo Albrecht, co-founder of the Aldi supermarket chain. [2] [7] Coulombe continued with Trader Joe's as chief executive officer until retiring in 1988. [2]
People love shopping at Trader Joe’s, ... Read on for a sampling of tidbits we learned about the Aldi-owned chain of nearly 550 stores where employees wear Hawaiian shirts (and, yes, we’ll ...
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 ...
Aldi Owns Trader Joe's. America is the only place the two Aldi companies compete: Aldi Süd owns Aldi-branded stores here; Aldi Nord bought the Trader Joe's chain in 1979, when it had only 18 ...
Aldi Nord also owns the Trader Joe's grocery chain in the United States, which operates separately from the group. [ 14 ] [ 15 ] Aldi is the chief competitor of the German discount chain Lidl in several markets.
Joe's Origins. Trader Joe’s may seem like an easygoing, carefree brand, but the higher-ups at corporate treat its inner workings more like an intelligence agency than a grocery store.