Trader Joe's

Trader Joe's Company
Trader Joe's
Company typePrivate
IndustryRetail (grocery)
Founded
  • 1958 (1958) as Pronto Markets
  • 1967 (1967) as Trader Joe's
  • Pasadena, California, US
FounderJoe Coulombe
Headquarters
Number of locations
569[1]
Area served
Contiguous United States
Key people
Bryan Palbaum (Chairman & CEO)
ProductsPrivate label staple foods, organic foods and specialty products[2]
RevenueIncreaseUS$16.5 billion (FY 2020)[1]
OwnerFamily of Theo Albrecht
Number of employees
50,000+
ParentAldi Nord
Websitewww.traderjoes.com

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]

  1. ^ a b "Top 50 food and grocery retailers by sales". Supermarket News. July 6, 2021. Archived from the original on December 7, 2021.
  2. ^ Cite error: The named reference fort2010 was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference numberofstores was invoked but never defined (see the help page).
  4. ^ "Our Story". Trader Joe's. 2017. Archived from the original on November 16, 2018. Retrieved November 16, 2018.
  5. ^ "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.
  6. ^ 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.
  7. ^ "Trader Joes Store Boston East Coast Headquarters Boston MA". Trader Joe's. Archived from the original on April 13, 2016. Retrieved April 2, 2016.

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