- Since Aldi and Trader Joe’s have a lot in common, people are curious to know if Aldi owns Trader Joe’s, if Trader Joe’s owns Aldi, or if the companies are owned by the same corporation.
- It’s important to fact-check upfront that Aldi does not own Trader Joe’s.
- In turn, Trader Joe’s doesn’t own Aldi either.
Furthermore, Why did Aldi and Trader Joe’s split?
The owner’s two sons took over after World War II and ultimately expanded the business into one of the largest grocery chains in Europe, with hundreds of locations in Germany and beyond. In 1960, the two brothers argued and decided to split the company into two separate entities, Aldi Nord and Aldi Süd.
Moreover, Does Amazon own Trader Joe’s? Trader Joe’s gets owned by Aldi Nord, not Amazon.
Is Aldi’s owned by China? Aldi (stylised as ALDI) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 10,000 stores in 20 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother’s store in Essen.
Besides, Why is it called Trader Joe’s? Trader Joe’s is named after its founder, Joe Coulombe. The company began in 1958 as a Greater Los Angeles area chain known as Pronto Market convenience stores.
Is Trader Joe’s cheaper than Walmart?
Overall, Trader Joe’s prices were about 16 percent lower than the average prices we found at surveyed area stores; its prices were about 12 percent lower than Cub’s or Hy-Vee’s, 21 percent lower than Rainbow’s, about two percent lower than SuperTarget’s, and about two percent higher than Walmart’s.
Who currently owns Trader Joe’s?
To sum up: we’re talking about Aldi Nord, the company that owns Trader Joe’s, and Aldi stores in the other big English-speaking countries. The Albrecht brother in charge of that branch had two children, and now one brother is fighting with the other’s widow over control of the company and her family’s spending.
