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Trader Joe’s is a privately held chain of specialty grocery stores headquartered in Monrovia, California. As of October 2011, Trader Joe’s had a total of 365 stores. Approximately half of its stores are in California, with the heaviest concentration in Southern California, but the company also has locations in 30 other states and Washington, D.C. Trader Joe’s was founded by Joe Coulombe and has been owned, since 1979, by a family trust set up by the late German businessman Theo Albrecht, one of the two brothers behind the German discount supermarket chain Aldi.
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