Trader Joe's Company History Timeline

(467 Jobs)
1958

In 1958, Coulombe launched a small chain of convenience stores in the greater Los Angeles area called Pronto Market, but after realizing that competition from a burgeoning chain called 7-Eleven would likely drive it into the ground, he decided to introduce a new concept.

1967

From the time he opened his first store in Pasadena, Calif., in 1967 until his death Feb.

The first Trader Joe's opened in Pasadena in 1967.

The tiki trend was in full swing, so in 1967 he opened the first Trader Joe’s, a play on the name of popular tiki restaurant chain Trader Vic’s.

1979

After selling Trader Joe’s to German grocery retailer Aldi in 1979, Mr.

In 1979, Coulombe cashed out and sold the company to German entrepreneur Theo Albrecht, who also owned the German supermarket chain Aldi Nord; Trader Joe's is still owned by his heirs today.

1988

Coulombe remained its chief executive until 1988, when he left to launch a second career as what he called a “temp,” coming in as interim CEO or consultant for several large companies in transition.

2002

In 2002, they introduced one of their most notorious products: a $1.99 bottle of wine, produced by Charles Shaw, that was actually decent.

Founded
1958
Company Founded
Headquarters
Monrovia, CA
Company Headquarter
Founders
Joe Coulombe
Company Founders

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