|Price Range 12mo avg:||$0 – $|
|$/sf 12mo avg:||$|
|CAP Rate 12mo avg:||%|
|Lease Terms:||yrs NNN|
|Building Size avg:||0 SF|
|Lot Size avg:||+/- acres|
It all started in the 50s… Would you believe we started out as a small chain of convenience stores? It’s true. Way back in 1958. We were called Pronto Markets. In ‘67, our founder, the original Trader Joe, changed our name (yes, to Trader Joe’s) and the way we do business.
We made the stores bigger (if you can imagine), decked the walls with cedar planks and donned our crew in cool Hawaiian shirts. Most importantly, we started packaging innovative, hard-to-find, great-tasting foods under the “Trader Joe’s” name. That cut our costs and saved you money. Still does. And that’s important, because “Value” is a concept we take very seriously. And by ‘Value,’ we mean great everyday prices on all of our great products — no sales, no gimmicks, no clubs to join, no special cards to swipe… How do we do it?
- We buy direct from suppliers whenever possible, we bargain hard to get the best price, and then pass the savings on to you.
- If an item doesn’t pull its weight in our stores, it goes away to gangway for something else.
- We buy in volume and contract early to get the best prices.
- Most grocers charge their suppliers fees for putting an item on the shelf. This results in higher prices… so we don’t do it.
- We keep our costs low — because every penny we save is a penny you save.
It’s not complicated. We just focus on what matters — great food + great prices = Value.
|Sales (Billions)||$11.3 (Est.)|
|# of U.S Stores||411|
|# of U.S States||38|
|Ownership||Private; owned by ALDI Group
(ALDI Nord) of Germany
|Average Store Size||8,000 to 12,000|
|Store Type||Specialty grocer|
|Merchandise Focus||Natural/Organic/Gourmet Products|
Source: Package Facts report: “Trader Joe’s and the Natural Food Channel’
|S&P Credit Rating:||Privately Held Company|
|Moody’s Credit Rating:||Privately Held Company|
|Annual Revenue 2013:||Privately Held Company|
|Annual Revenue :||Privately Held Company|
|Revenue Growth:||Privately Held Company|
|Net Income||Privately Held Company|
|Units (Dec. 2013)||411|
|Average Units Volume:||Privately Held Company|
Costco vs. Trader Joe's: Which beloved chain is cheaper for basic groceries?
on February 20, 2018 at 12:00 pm
After finding that Costco's alcohol prices are some of the best in San Francisco, we wondered if the same could be said for their prices on basic groceries. So we decided to put Costco to the test against one of the best-loved and most wallet-friendly grocery store chains, Trader Joe's. RELATED: Does ... […]
Tops filing 'not the end of the world'
on February 20, 2018 at 11:26 am
Besides the existing debt, Tops, which remains the region's dominant supermarket chain, is facing new levels of competition from the likes of Whole Foods, Trader Joe's and Walmart. And it continues to go toe-to-toe with Rochester-based Wegmans Food Markets. “They are getting pummeled in a lot of ... […]
Spring cleaning pesto for the sustainable Berkeley student
on February 20, 2018 at 5:48 am
It was so sad seeing crumpled Trader Joe's bags of wilted greens filling our trash bin when we could be making use of the mildly imperfect produce. Before I knew it, our kitchen counter was scattered with small bags of arugula, baby kale, Swiss chard, flat-leaf parsley and my sad little box of basil. […]
Report: Tops may be filing for bankruptcy
on February 19, 2018 at 11:15 pm
Some locals say they'd be upset if Tops locations closed, but others said they would adapt, given the existence of other markets like Wegmans and Trader Joe's. Tops customers can currently also shop for groceries online through Instacart. Spectrum News reached out to Tops for comment on the report, ... […]
What's the Deal: Clever ways to save on your grocery bill
on February 19, 2018 at 10:30 pm
Now for a few store policies you might not be aware of. Time Magazine rounded these up: At Trader Joe's you might not know that in most cases they will let you try before you buy. And if you buy something and don't like it, they have a generous return policy where you can get a full refund or exchange. […]
Not Publicly Traded: