Trader Joe's | |
Company type | Private |
Industry | Retail (grocery) |
Founded |
|
Founder | Joe Coulombe |
Headquarters | Monrovia, California, U.S. |
Number of locations | 569[1] |
Area served | Contiguous United States |
Key people | Bryan Palbaum (Chairman & CEO) |
Products | Private label staple foods, organic foods and specialty products[2] |
Revenue | US$16.5 billion (FY 2020)[1] |
Owner | Family of Theo Albrecht |
Number of employees | 50,000+ |
Parent | Aldi Nord |
Website | www |
Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. The chain has 571 stores[3] across the United States.
The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California.[4] The chain was sold to Aldi founder Theo Albrecht[5] in 1979, who owned it until his death in 2010, when ownership passed to his heirs.[6] The company has offices in Monrovia, California, and Boston, Massachusetts.[7]
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