Established by Joe Coulombe in 1958 as a Greater Los Angeles area chain- Prontos Market Convenience Store, Trader Joe's is a chain of American grocery stores in Pasadena, California.
Trader Joe's is a new format grocery store in the United States that came under Theo Albrecht's ownership in 1979, and since then, the chain's ownership has been passing down to his successors.
Trader Joe's compromises 530 stores throughout the United States with a total workforce of over 50,000 employees. It is a national chain of neighborhood grocery stores operating across Monrovia and Boston.
Headquartered in Monrovia, California, Trader Joe's is said to be the second-best supermarket in the United States.
In 2016, Fortune Magzine roughly calculated the sales to be $1750 per square foot in commodities; this was double the sales generated by the competitor brand.
Unlike any typical grocery store, Trader Joe's outlet offers 4000 products comprising of gourmet, organic, vegetarian, frozen, vegan, vegetarian food items, among many others.
Also, Trader Joe's offers an assorted range of private label products and cuisines varying from Italian, Mexican, Japanese, French, and Asian foods. In terms of exclusivity, Trader Joe's retails in Charles Shaw Wine, popularly known as Two Buck Chuck.