Trader Joes
PROPERTY OVERVIEW
Ownership: Private
Credit Rating: NR
Ticker: N/A
Sector: Grocery
COMPANY DESCRIPTION
Trader Joes is an American chain of grocery stores based in Monrovia, California, owned by a German private equity family trust. By 2015, it was a competitor in fresh format grocery stores in the United States. As of October 12, 2017, Trader Joes had 474 stores nationwide in 43 states and in Washington, D.C. Trader Joes was founded by Joseph Coulombe. From 1979, it was owned by German entrepreneur Theo Albrecht until his death in 2010, when ownership passed to his heirs. The company has offices in Monrovia, California, and Boston, Massachusetts.