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Trader Joe's is an American grocery store chain headquartered in Monrovia, California, with 597 locations across the US. [ 3 ] The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California .
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.
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.
There Was a Real ‘Joe’ The Joe behind Trader Joe’s was Joe Coulombe, whose “national chain of neighborhood grocery stores” began in 1967 in Pasadena, California.
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 ...
Which Trader Joe’s Locations Opened Recently? Trader Joe’s opened 34 locations in 2024.Thirteen of those locations were opened in December alone. These are the stores which opened at the end ...
Forbes has estimated Theo's fortune from the supermarket chain as approximately £11 billion. [7] 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.
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