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A Trader Joe's store in Cobble Hill, Brooklyn, New York, built in a converted bank building. As of October 31, 2023, Trader Joe's had 564 stores across 42 states in the United States with stores being added regularly. [3] Most locations averaged between 10,000 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 ...
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.
The 30-somethings who met on the first day of math class hatched the idea for Lunar Hard Seltzer over dinner in Koreatown. Now it’s a bestseller at Trader Joe’s, Whole Foods, and Target.
Albrecht learned the grocery business from his mother, in order to escape the fate of his father in the mines. He and his brother Karl developed Albrecht Diskont, one of Europe's largest chains of supermarkets, with the motto "The best quality at the lowest price," and now known by its acronym, Aldi. [6]
Trader Joe's is a national grocery store chain selling items under its own private labels, often at a significant discount to name-brand equivalents. It operates more than 500 stores, including 22 ...