Trader Joe's

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Trader Joe's Company
IndustryRetail (grocery)
Founded
  • 1958; 62 years ago (1958) as Pronto Markets
  • 1967 (1967) as Trader Joe's
  • Pasadena, California, US
FounderJoe Coulombe
Headquarters,
US
Number of locations
474 (as of 12 October 2017) 503 (2019)
Key people
Dan Bane (Chairman & CEO)
ProductsPrivate label staple foods, organic foods and specialty products
RevenueIncreaseUS$13.3 billion (FY 2017)
Number of employees
10,001 (2019)[1]
ParentAldi Nord
Websitetraderjoes.com

Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. By 2015, it was a competitor in "fresh format" grocery stores in the United States.[2][3]

By November 2019, Trader Joe's had over 503 stores nationwide in 42 states and Washington, D.C.[4]

The first Trader Joe's store was opened by founder Joe Coulombe in 1967 in Pasadena, California.[5] It was owned by German entrepreneur Theo Albrecht[6] from 1979 until his death in 2010, when ownership passed to his heirs.[7]

References[change | change source]

  1. "Trader Joe's". Retrieved June 2, 2019.
  2. Lutz, Ashley (October 7, 2014). "How Trader Joe's Sells Twice As Much As Whole Foods". Business Insider. Archived from the original on June 30, 2015. Retrieved June 28, 2015.
  3. "Whole Foods Is Slowly Killing Traditional Supermarkets". Archived from the original on September 20, 2016. Retrieved September 22, 2016.
  4. "Where in the dickens you can find a Trader Joe's?" (PDF). Trader Joe's. Archived (PDF) from the original on May 28, 2016. Retrieved June 6, 2016.
  5. "Our Story". Trader Joe's. 2017. Archived from the original on November 16, 2018. Retrieved November 16, 2018.
  6. "Theo Albrecht: One of the two brothers behind the Aldi supermarket empire". The Independent. London. August 14, 2010. Archived from the original on April 7, 2014. Retrieved April 2, 2014.
  7. Armstrong, Larry (April 26, 2004). "Trader Joe's: The Trendy American Cousin". BusinessWeek and www.traderjoes.com. Archived from the original on September 5, 2015. Retrieved November 27, 2009.

Other websites[change | change source]