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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. [23] 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.
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 ...
Aldi Nord also owns the Trader Joe's grocery chain in the United States, which operates separately from the group. [14] [15] Aldi Süd owns the Winn-Dixie and Harveys supermarket chains in the southern United States. [16] Aldi is the chief competitor of the German discount chain Lidl in several markets. [17]
Trader Joe's, Aldi expanding An Aldi store in Altoona. Trader Joe's, with about 560 stores, is in expansion mode, announcing this year it will add stores in Florida, New York and New Jersey.
The German supermarket chain is gearing up to open as many as 600 U.S. locations -- and it has the power to cripple Whole Foods and Trader Joe's.
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]
The German grocer is trying to give Aldi and Trader Joe's a run for their money. If You Like Aldi and Trader Joe's, You'll Probably Love Lidl—Here's What You Need to Know Skip to main content