May 24, 2017 12:46 PM ET

Food and Staples Retailing

Company Overview of Trader Joe's Company

Company Overview

Trader Joe's Company owns and operates a chain of convenience stores in the United States. It provides bakery products, beverages, cheese products, frozen products, groceries, produce and flowers, refrigerated products, snacks and sweets, supplements, and wines and beers. Trader Joe's Company was formerly known as Pronto Markets and changed its name to Trader Joe's Company in 1967. The company was founded in 1958 and is headquartered in Monrovia, California. Trader Joe's Company operates as a subsidiary of T.A.C.T. Holding, Inc.

800 South Shamrock Avenue

Monrovia, CA 91016

United States

Founded in 1958





Key Executives for Trader Joe's Company

Chairman and Chief Executive Officer
Age: 68
Executive Vice President of Finance and Administration
Regional Vice President
Regional Vice President
Regional Vice President
Compensation as of Fiscal Year 2016.

Trader Joe's Company Key Developments

Trader Joe Recalls Brand Mediterranean Hummus Due to Listeria Monocytogenes

Transilvania Trading is recalling Trader Joe's brand Mediterranean Hummus from the marketplace due to possible Listeriamonocytogenes contamination. Consumers should not consume the recalled product. The product was sold at Pirate Joe's, located at 3744 West 10th Avenue, Vancouver, British Columbia. Recalled product size is 454 g. These products are having use by dates up through and including December 15, 2016.

Trader Joe's Announces Three New Store Openings

Trader Joe's this week announced three new store openings, including two that would encroach on new outlets of similarly positioned small stores from Whole Foods Market and Ahold, and a third opposite a Sprouts Farmers Market store. It said it would open a store early next year in Allston, Mass., the same Boston neighborhood where Ahold's bfresh banner launched a year ago. The store would be Trader Joe's second in the city of Boston, although it operates several in surrounding communities including Cambridge, Brookline and Arlington. The Allston Trader Joe's, to be located in the ground floor of a new residential apartment building on Western Avenue, is about a mile and a half from bfresh, Ahold's Millennial-focused small store.

Trader Joe's Confirms Closing of Blackstone Avenue Store; To Open Store in Park Crossing

After weeks of rumors, Trader Joe's officially confirmed on May 3, 2016 that it is closing its Blackstone Avenue store in Fresno and moving it north. The store will open in Park Crossing, the new development under construction at Friant Road and Fresno Street. The store will face that intersection. The move won't happen until the second half of 2017 and the current store will stay open until then. The new store will be 3,000 square feet bigger than the existing 10,000-square-foot store.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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