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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
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]
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.
Trader Joe’s selection is curated, with fewer products than a traditional grocery store and a heavy emphasis on private-label offerings, from Trader Joe’s to Trader Ming’s or Trader José ...
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 ...
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 ...
In 1976, Aldi Süd opened its first store in the United States in Iowa, [a] [29] [30] and, in 1979, Aldi Nord acquired Trader Joe's. [15] After German reunification and the fall of the Iron Curtain, Aldi experienced a rapid expansion. The brothers retired as CEOs in 1993.
For the first time in four years, Trader Joe's no longer holds the title as America's Favorite Grocery Store. It's fallen back two spots to number three.