Is Trader Joe's like Aldi?

Aldi is for customers looking for major savings and the absolute lowest grocery prices, and Trader Joe's is for customers willing to pay a premium for specialized products. Both chains use their private-label brands in pursuit of these distinct groups of shoppers.

Are Aldi and Trader Joe's similar?

You may not have known that once upon a time, Trader Joe's and ALDI were both owned by the same company. And while they mostly share the same demographic of customers – those in search of affordable, high-quality eats – they have subtly different business strategies.

Is Aldi and Trader Joe's owned by the same family?

A popular misconception about Aldi U.S. BB #:116756 is that it's a sibling company, or at least a cousin, to Trader Joe's BB #:162286. It is not. While the two chains have some similarities, with both following a low-price, private-label-dependent strategy, they are independently owned and operated.

Do Trader Joe's and Aldi sell the same products?

They are different companies entirely, with different logos, but a very similar shopping experience. The funny thing is… when you go to a Trader Joe's in the U.S., some of the names of Trader Joe's house brand are funny takes on the origin of the products, like Trader Jose, or Trader Giotto.

What is Trader Joe's comparable to?

Trader Joe's competitors include Whole Foods Market, Fairway Market, Walmart, Meijer and NatureBox.

TRADER JOES vs ALDI Price Comparison

Why is Trader Joe's so popular?

The eclectic and retail-fan-favorite Trader Joe's is well-known to its loyalists for low prices on unique food items, ranging from cookie butter to salsas, cheeses and ready-to-eat packaged meals. The grocery store chain is also known for its quirky culture.

What is Aldi comparable to?

Whats the difference between Aldi and Trader Joes?

Aldi is for customers looking for major savings and the absolute lowest grocery prices, and Trader Joe's is for customers willing to pay a premium for specialized products. Both chains use their private-label brands in pursuit of these distinct groups of shoppers.

Are Aldi and Trader Joe's sister companies?

Nope! ALDI and Trader Joe's don't share the same parent company, have no joint ownership, and are independently operated. But, the two stores do share a common family heritage. The original ALDI (at the time, Albrecht Diskont) opened back in the early 1900s as a single German grocery store.

Who owns Aldi now?

Who Owns Aldi Süd Stores. Aldi Süd, known as Aldi in the United States, is formally owned by ALDI SÜD GmbH & Co. oHG. After Karl Albrecht passed away in 2014, ownership was passed to his two children, Beate Heister and Karl Albrecht Jr.

What company owns Trader Joe's?

To sum up: we're talking about Aldi Nord, the company that owns Trader Joe's, and Aldi stores in the other big English-speaking countries. The Albrecht brother in charge of that branch had two children, and now one brother is fighting with the other's widow over control of the company and her family's spending.

Is Trader Joe's expensive?

Overall, Trader Joe's prices were 16 percent lower than the average prices we found at surveyed area stores; its prices were about 21 percent lower than QFC's, 19 percent lower than Safeway's, 12 percent lower than Target's, seven percent lower than Fred Meyer's, five percent higher than Walmart's, and 15 percent ...

What is the difference between Trader Joe's and Whole Foods?

Variety. Both groceries offer a vast range of products, with everything from bacon to exotic superfoods, but Whole Foods has much more brand variety than Trader Joe's. Joe's certainly sells other brands, but much of the store is populated with its own brand. That is not to say that this brand isn't delicious, however.

Is Trader Joe's cheaper than Walmart?

Overall, Trader Joe's prices were about 16 percent lower than the average prices we found at surveyed area stores; its prices were about 12 percent lower than Cub's or Hy-Vee's, 21 percent lower than Rainbow's, about two percent lower than SuperTarget's, and about two percent higher than Walmart's.

Is Whole Foods owned by Aldi?

Since Aldi has aggressive growth plans and the grocery sector is especially competitive following Amazon's acquisition of Whole Foods, the German grocer is making a play to expand its natural and fresh food selection by 40 percent.

What is the story behind Aldi and Trader Joe's?

Both companies would open stores in the United States, with Karl's Aldi Süd beginning American operations in 1976 and dropping the Süd, and Theo's Aldi Nord starting a few years later in 1979 as Trader Joe's, named after founder Joe Coulombe (it's still owned by a German family trust established by Theo Albrecht).

Why is Aldi closing?

Aldi cited both “repeated burglaries” and declining sales as its rationale for closing the store. “Out of concern for our employees and customers, keeping this store open was no longer a sustainable option,” the company said.

What does Aldi mean in German?

“Albrecht-Diskont,” meaning “Albrecht's Discount.” The name was eventually shortened to Aldi (Albrecht-Diskont) in 1962.

Does Trader Joe's sell healthy food?

Because Trader Joe's offers a wide selection of healthy items it's easy to assume that it's a health food store. It's not. They do a great job of offering a wide variety of food, from healthy, minimally processed choices to super-processed junk food.

Is Aldi more affordable?

Aldi avoids brand names

At most supermarkets, you'll find tons of big-brand items, but at Aldi, a whopping 90 percent of the products are private label. By avoiding brand names, Aldi can skip going through another company and offer you cheaper prices.

Why did the Aldi brothers split?

The brothers split the company in 1960, over a dispute about whether they should sell cigarettes. Karl believed they would attract shoplifters while his brother did not. At the time, they jointly owned 300 shops with a cash flow of DM90 million yearly.

Who is Aldi's biggest competitor?

Is Aldi low quality?

Aldi sells premade cookie dough, biscuits, and rolls, but these products aren't always a good deal. Some say the quality isn't great, and you can find better bargains on name-brand products at other stores. “Aldi offers their own brand of these refrigerated pre-made dough items, but frankly, they aren't as good.

What company owns Trader Joe's and Aldi?

Owned by a German company called Albrecht Discounts, ALDI is a discount grocery chain that started in Germany in 1948.