Are Trader Joe’s and Aldi owned by the same company?
The short answer is no, Trader Joe’s and Aldi are not owned by the same company. While Aldi is a German company and Trader Joe’s is an American company, there are some similarities between the two grocery chains.
Aldi was founded in 1946 by brothers Karl and Theo Albrecht. The company started out as a small grocery store in Essen, Germany. Today, Aldi has over 10,000 stores in 20 countries, including the United States.
Trader Joe’s, on the other hand, was founded in 1958 by Joe Coulombe. The first Trader Joe’s store was located in Pasadena, California. Trader Joe’s now has over 500 stores in 42 states across the United States.
While Aldi and Trader Joe’s are not owned by the same company, they do have some similarities. Both grocery chains are known for their low prices.
In addition, both stores sell mostly private label products. Private label products are products that are made by a manufacturer but are sold under a grocery store’s brand name. For example, Aldi sells its own brand of cereal called Millville while Trader Joe’s sells its own brand of cereal called TJ’s Frosted Flakes.
Another similarity between Aldi and Trader Joe’s is that both stores have a small selection of products. This is done on purpose so that shoppers can find what they need quickly and easily. Both stores also typically do not accept manufacturer coupons.
So while Aldi and Trader Joe’s may seem similar, they are actually owned by two different companies. But if you’re looking for low prices and a small selection of groceries, either store would be a great option!
