Does Aldi Still Own Trader Joe's
Great quality at great prices. On paper that would make the two stores cousins.
The first Trader Joes store was opened in 1967 by founder Joe Coulombe in Pasadena California.
Does aldi still own trader joe's. In the US Trader Joes has been owned by Aldi Nord since the late 1970s while ALDI stores in the US. Were talking about Aldi Nord the company that owns Trader Joes and Aldi stores in the other big English-speaking countries. In 1979 Theos Aldi Nord bought Trader Joes.
Heres How Much I Spent at Trader Joes. Trader Joes and Aldi are two of the most popular affordable grocery chains in the US. Heres the short answer.
It was owned by German entrepreneur Theo Albrecht from 1979 until his death in 2010 when ownership passed to his heirs. Palm oil a common ingredient in TJs products is bought on commodity markets or is at best RSPO-certified. Trader Joes has extremely competitive prices but Aldi is cheaperIn fact it was the cheapest grocery store in the country more on why later according to this 2014 Huffington Post article.
The Albrecht family who own Aldi and Trader Joes has been historically secretive and there is a lot thats unknown about their personal lives. In the late 1970s Aldi Nords Theo Albrecht took notice of a small but growing chain of stores in California founded by a man named Joe Coulombe and in 1979 Theo bought Columbes store Trader Joes outright. Trader Joes is a neighborhood grocery store with amazing food and drink from around the globe and around the corner.
To be honest the history of Aldi is quite confusing as technically the same family owns both chains but as far as operations go Aldi US. In 1979 Aldi Nord acquired all the Trader Joes in the United States though they continue to operate independently. While Trader Joes snacks usually carry the labels of the stores own brands recent reports claim larger companies like PepsiCo and Frito-Lay manufacture them.
Yes its long been believed that Trader Joes and Aldi are under the same parent company probably because both stores have low prices good wine and snacks that are totally extra. If youre a fan of novelty snacks like pumpkin butter and mochi rice nuggets you may be a Trader Joes superfan. Thats what we call value.
Trader Joes said its goal is to open nearly 30 new stores a year. And Trader Joes have no joint ownership. The company has offices in Monrovia and Boston Massachusetts.
Launched under the ownership of Aldi Süd in the mid-70s. So Aldi Nord owns Trader Joes and Aldi Süd owns Aldi US. Germanys Aldi Supermarket King Dies Owned Trader Joes Too Karl Albrecht the man credited with bringing discount stores to Europe with the no-frills Aldi supermarket chain has died aged 94 Top.
Another Aldi company Aldi Süd also operates in the US but uses the Aldi name and logo. Im giving Trader Joes 2 out of 5 Green Stars for social and environmental impact for the following reasons. Albrechts family also owns the German supermarket chain ALDI Nord to which Trader Joes belongs.
Aldi Nord owns just under half of Aldis global stores as well as Trader Joes the rest of the grocery chains stores are owned by Aldi Süd including its ones in the UK and China. 40 of their fresh eggs are still from caged hens and Trader Joes eggs score 15 from the Cornucopia Institute. Trader Joes operates as a separate division of the parent.
In 1979 meanwhile Aldi Nord purchased the US. The foundations which were created as a way to prevent a hostile takeover from the governing body of family members have become a source of strife for the family overseeing Aldi Nord which also owns US-based Trader Joes. Operations of Trader Joes which had been founded in California in 1958.
The chains have always operated completely independently of one another and have never shared joint ownership so are maybe better referred to as distant cousins. We actually thought so too. What is known however is their net worth.
In 2015 Aldi Sud announced it would be expanding into the Southern California market the home. The Albrecht brother in charge of that branch had two. Until we went straight to the source and asked an Aldi spokesperson for the truth.
Trader Joes does have central city locations but those are concentrated in larger metropolises such as Chicago and New York. There is not and never has been joint ownership of Aldi and Trader Joes in the US. As far as pricing goes the two stores have many similarities with only a few cents or a dollar separating.
The company controls 100 of Trader Joes to this day.
