A few of the factoids that got me interested in reading about Trader Joes’s, from the top of the article:
- The privately held company’s sales last year were roughly $8 billion
- Few customers realize the chain is owned by Germany’s ultra-private Albrecht family, the people behind the Aldi Nord supermarket empire.
- … big, well-known companies also make many of Trader Joe’s products. Those Trader Joe’s pita chips? Made by Stacy’s, a division of PepsiCo’s (PEP, Fortune 500) Frito-Lay.
Read Beth Kowitt’s article about Trader Joe’s and the Albrecht family at CNN’s Fortune site.