Does Aldi Own Trader Joe’S
Does Aldi Own Trader Joe’S In 2022? (You’Ll Be Surprised)
Its laid-back Californian vibe, low prices, unique items, and California-like feel have earned Trader Joe’s a cult-status among the masses. Facebook groups are set up and there are entire websites and social media pages dedicated to the store chain that has 500 stores across 43 states.
Aldi Will Own Trade Joe’s in 2022
Aldi Nord owns Trader Joe’s. It is not the Aldi supermarket that North American shoppers know. Trader Joe’s is owned by Aldi Nord, which was formed when the two brothers who founded the Albrecht Discount chain in Germany parted ways. Aldi Sud oversees Aldi US operations.
Are There Two Aldi’s?
There are two Aldi entities. Before we start to get into the details on how Aldi took over Trader Joe’s – it’s essential that you understand a little history about the Albrechts.
The Albrecht Matriarch, however, opened their first grocery shop in Essen in the early 1900s. However, Germany wasn’t in its best shape after the two World Wars. The Albrecht brothers Theo & Karl returned to the former war and took the control of running the store.
They were aware of the poor state in the world and made the wise decision to open their own pantry for low-cost basics. The company grew and they were able to open multiple stores throughout Germany.
The brothers were good friends until 1960, when they couldn’t agree whether to sell cigarettes. Karl was against the idea. He believed that it would draw shoplifters.
Theo became the sole owner of Aldi Nord. Karl assumed control at Aldi Sud.
Aldi Nord – When did Trader Joe’s become Trader Joe’s?
Aldi Sud was able to expand to the US by 1976. That is significant because Aldi Nord bought Trader Joe’s in three years.
We can guess that they wanted an entry point to the States that didn’t confuse customers by sharing a name and chain.
Joe Coulombe founded Trader Joe’s. Theo Albrecht, Aldi Nord CEO, purchased his company.
A writer at AldiReviewer.com actually reached out to Trader Joe’s to learn how closely Aldi Nord and Trader Joe’s are operated, and the TJ rep responded that the two entities do operate independently of each other.
Trader Joe’s is a subsidiary of Aldi Nord but operates under its own jurisdiction.
What does Trader Joe’s mean?
Theo Albrecht bought Trader Joe’s in California as a way to make a sound investment.
Joe Coulombe (a Stanford University grad) founded Trader Joe’s. Coulombe began his career in convenience stores and drugstores. When six of the Pronto Markets he had been managing were up for liquidation, Coulombe purchased them.
This was the 1950s. Coulombe was to change his business model and make his stores stand out in a sea of 7 Elevens filled with eclectic, unique finds.
The chain was renamed Trader Joe’s during the 1960s to honor Trader Vic’s, a Los Angeles-area tiki restaurant. Aldi Nord accepted their offer shortly thereafter.
You can see why. Coulombe’s business model was more than just finding random objects and putting them together.
Not really. He rather created high-end products out of discontinued and overstocked items, which he then could sell to customers at a fraction of the cost. Do you sound familiar?
Whether or not that type of product (high-end/gourmet foods at low prices) made the Aldi Nord purchase of Trader Joe’s intentional, today it’s one of the biggest draws for both Aldi Sud and Trader Joe’s stores, and part of the reason middle-to-upper-class shoppers flock to both.
Do Trader Joe’s And Aldi Sell The Same Things?
Though some believe that Trader Joe’s US imports their store labels products from different wholesalers (so we haven’t been able to find any direct evidence), both stores stock similar items. In one case, Aldi appears to have copied.
The biggest example would be Trader Joe’s cult favorite Everything But the Bagel seasoning, which they debuted in 2017. Aldi followed suit with their version under the Stonemill seasonings brand, which they simply named Everything Bagel Seasoning.
Other similar products are available, however, such as cheap wine (Trader Joe’s has Two-Buck Chuck brand, and Aldi sells their Winking Owl brand at $2.50/bottle), expensive cheeses, fancy-looking breads, almond butter, and naan bread.
However, it appears Trader Joe’s stores carries a wider variety of these similar items, as Aldi’s stock is limited by space (and by design). Image granola, pickles and fruit spreads elevated.
While Trader Joe’s offers a wider range of pantry staples, it is lighter in Trader Joe’s. But, if you take a look at the online ” For the Pantry » page from Trader Joe’s, there are only a handful of useful tips. Aldi has the same 5-lb bag for all-purpose flour for $1.15, but it costs $3.99 for theirs.
Yes, there is some overlap in product offerings between the two; they both compete for those disposable income dollars, and they have both made it their mission to sell at surprisingly low price-points.
However, it is possible to say that Trader Joe’s & Aldi occupy different niches but occasionally cross paths.
What is Trader Joe’s better than Aldi?
Aldi’s stocks are made up of 90 percent Store Label goods, while Trader Joe’s is home to 80 percent. That leaves a lot of people wondering how the two match up in terms of quality.
Aldi emerges as the winner almost in every area. Here’s why. Trader Joe’s has a reputation for bad produce .
A writer at thekitchn.com even wrote an entire article about the dismal quality of TJ’s fresh fruits and veggies, commenting on the over-packaging of fresh stuffs and how things are bagged in bulk (potentially leading to waste at home).
Aldi produces has had its fair share of critics, but the chain has improved their product in recent years by sourcing locally, and receiving daily shipments.
We think that Aldi’s and TJ’s produce is comparable. They both deliver in the unique and fun food categories. Shoppers love to eat Trader Joe’s Black Truffle Cashew Pesto, vegan Bolognese or French Onion mac & Cheese.
Aldi has a lot to offer: Girl Scout cookie duplicates (for as low as $4/package), super affordable centre-cut bacon, and more! pineapple mimosas bottles.
Aldi Nord has purchased Trader Joe’s. Aldi Sud is a distinct entity and operates Aldi US.
While the distinction is a little confusing (and misleading!) While the difference may initially seem confusing, they have resulted into fierce competition. The resulting innovations on both sides make grocery shopping fun.
Aldi’S Own Trader Joe’S
Aldi Nord owns Trader Joe’s in the States, but the Aldi stores that you see in the States are run by Aldi Sud, which is separate from Trader Joe’s. May 1, 2019,
Where Is Aldi Opening New Stores In 2022?
Aldi U.S. hopes to add approximately 150 additional stores by 2022. In addition, the company will continue its expansion in the Gulf Coast area. Aldi U.S. intends to make the United States the 38th State. Batavia, Ill. -based Aldi U.S. said Tuesday that it plans to open a store in Lafayette, La., on Feb. 10, marking the chain’s first location in Louisiana.Feb 8, 2022
Brothers Are Owners of Aldi and Trader Joe?
Aldi U.S. BB#.116756 is commonly thought to be a brother or sister company of Trader Joe BB#.162286. However, it’s not. While the two chains have some similarities, with both following a low-price, private-label-dependent strategy, they are independently owned and operated.Jul 19, 2019
.Does Aldi Own Trader Joe’S In 2022? (You’Ll Be Surprised)