Trader Joe's Company · Monrovia, CA United States
Company Description
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This link will open in a new window When it comes to grocery chains, Trader Joe's isn't your average Joe. With about 325 stores in some 25 states, the company offers upscale grocery fare such as health foods, organic produce, and nutritional supplements. To keep costs down, its stores have no service departments and average about 10,000-15,000 sq. ft. The company's specialty is its line of more than 2,000 private-label products (70% of sales), including beverages (its signature Charles Shaw brand wine sells for $2 a bottle), soup, snacks, and frozen items. Started by Joe Coulombe as a Los Angeles convenience store chain in 1958, the company was bought in 1979 by German billionaires Karl and Theo Albrecht, who also own the ALDI food chain. To read the full description, subscribe now.
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Key Trader Joe's Company Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | June |
| Employees | 5,500 |
Trader Joe's Company Executives
27 executives listed for Trader Joe's Company's Monrovia, CA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Dan Bane | |
| President | Doug Rauch | |
| SVP Operations | Charles Pilliter |
Competition
Competitive Landscape for Trader Joe's Company
Population growth and consumer tastes drive demand. Because margins are low, the profitability of individual companies depends on high volume sales and efficient operations. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, marketing, and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service. Discount stores and warehouse clubs have aggressively pursued the retail grocery market, and Wal-Mart is the largest seller of groceries in the US. Other competition includes specialty food stores, convenience stores, drugstores, dollar stores, and, to some degree, restaurants. To read the full description, subscribe now.Top Trader Joe's Company Competitors
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