Aldi and Trader Joe’s are two of the most popular grocery stores in the United States. Both stores are known for their low prices and wide selection of products. Many people wonder if these two stores are owned by the same company.
The answer is no, Aldi and Trader Joe’s are not owned by the same company. Aldi is owned by the German company Schwarz Gruppe, while Trader Joe’s is owned by the American company Albertsons. However, there is some history between these two companies.
Trader Joe’s was founded in 1958 by Joe Coulombe as a chain of convenience stores. In 1967, Coulombe sold the company to German supermarket giant Aldi Nord.
Aldi Nord then operated Trader Joe’s as a subsidiary until 1979, when it sold the chain to Albertsons. Since then, Trader Joe’s has been an independent company.
While Aldi and Trader Joe’s are not currently owned by the same company, they do have some similarities. Both stores offer a wide variety of products at low prices.
They also both focus on selling private label products. Private label products are made by manufacturers specifically for a particular retailer. This allows retailers to offer products at lower prices than national brands.
So, while Aldi and Trader Joe’s are not currently owned by the same company, they do have some similarities. If you’re looking for low prices and a wide selection of products, either store is a good option.
