Trader Joe's

Trader Joe's is a grocery store chain known for selling almost exclusively private label products. It has a casual, Hawaiian-style atmosphere and focuses on quality, low cost products by refusing to have sales and cutting out the middleman whenever possible. Since it doesn't offer as large or complete a selection of food and products as regular grocery stores, some shoppers find it difficult to cross everything off their lists by visiting Trader Joe's, but that hasn't stopped people clamoring for one to open in their area.

Fast Facts

1. Nickname: TJ's
2. Founded: 1958
3. Founder: Joe Coulombe
4. CEO: Dan Bane
5. Privately owned
6. Headquarters: Monrovia, California
7. October 2006: Consumer Reports ranks Trader Joe's 2nd best supermarket in America
8. First stores named Pronto Markets
9. Sell staples as well as processed and prepared food and drink
10. Hawaiian theme decor
11. Hours: 9AM to 9PM
12. Frequently discontinues products and introduces new ones
13. Purveyors of "2 Buck Chuck"
14. Does not sell many items, such as baby food

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