In 1979, Trader Joe's was purchased by German billionaires Karl and Theo Albrecht, who also owned the immensely successful ALDI discount stores in Europe.
By 2002, more than 160 stores in 15 states made up the Trader Joe's chain, with sales reaching $1.67 billion.
Principal Competitors:Albertson's; Arden Group; Cost Plus; GNC; A&P; Haggen; Hannaford Bros.; Hickory Farms; The Kroger Co.; NBTY; Raley's; Royal Ahold; Safeway; Stater Bros.; Stop & Shop; Whole Foods Market; Wild Oats Markets.
Melissa Richards-Person
Foodie
313
Thu Mar 08, 2007 3:05 pm
The 'burbs of the Ville
Robin Garr wrote:Principal Competitors:Albertson's; Arden Group; Cost Plus; GNC; A&P; Haggen; Hannaford Bros.; Hickory Farms; The Kroger Co.; NBTY; Raley's; Royal Ahold; Safeway; Stater Bros.; Stop & Shop; Whole Foods Market; Wild Oats Markets.
TP Lowe wrote:I probably should have moved that to a new thread. Hijack!
Melissa Richards-Person wrote:Robin Garr wrote:Principal Competitors:Albertson's; Arden Group; Cost Plus; GNC; A&P; Haggen; Hannaford Bros.; Hickory Farms; The Kroger Co.; NBTY; Raley's; Royal Ahold; Safeway; Stater Bros.; Stop & Shop; Whole Foods Market; Wild Oats Markets.
Isn't the above list kinda like saying that EVERYONE is a competitor of TJ's? But what the heck - how did Hickory Farms get on that list?! How is Hickory Farms still on anyone's RADAR for gosh sakes!
Steve P wrote:TP Lowe wrote:I probably should have moved that to a new thread. Hijack!
Nahhhhh, it ain't hijacked yet Dude...We haven't got around to Trader Joe's frozen pizza or what kind of craft beer they carry.![]()
Mark Head wrote:Been in lot's of TJs. Coming Louisville? Big whoop-tee-doo - I can't recall anything in the place that could get me all fired up.
TP Lowe wrote:Nimbus Couzin wrote: But we do live in a pseudo-capitalistic society (where the masses subsidize the losses of the rich), so we do have to accept that competition exists.
You lost me here, Nimbus. First, I really don't get the "psuedo" part of the first clause of the sentence, and them I'm really confused by "masses subsidize the losses of the rich." Don't the rich have gains, not losses?
Nimbus Couzin wrote:
Really the wrong thread, and perhaps the wrong forum, for a discussion on this, but it was a passing reference to how taxpayers (the masses) frequently bail out the reckless wealthy. Look at wall street and the de-regulating and the ridiculous housing bubble that got built up.
TP Lowe wrote:But I can't help but just briefly challenge the housing bubble issue. Who benefited from the housing bubble? It surely wasn't folks buying million dollar homes. Look at the auctions in the listings - I'll bet they average well under $200,000. You didn't see "millionaires" taking mortgages with no money down and insufficient cash flow. I'm not saying the whole thing wasn't a debacle - it was. But nearly every sector in our country is responsible for that disaster, from Greenspan to the family who, sadly, never should have been given a mortgage because they had insufficient resources.
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