Nope! ALDI and Trader Joe's don't share the same parent company, have no joint ownership, and are independently operated. In the U.S., Trader Joe's has been owned by Aldi Nord since the late 1970s, while ALDI stores in the U.S. launched under the ownership of Aldi Süd in the mid-70s.
Is Aldi and Trader Joe's owned by the same family?
The Albrecht family, who own Aldi and Trader Joe's, has been historically secretive, and there is a lot that's unknown about their personal lives. What is known, however, is their net worth: $53.5 billion, according to Forbes.
When did Trader Joe's buy Aldi?
1979
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.
What should I not buy at Trader Joe's?
- Meat and seafood. “It's so much more expensive, and honestly, I think the packages don't have a ton in them,” Greutman says — especially the chicken.
- Rice.
- Frozen sides.
- Vitamins.
- Certain cereals and snacks.
- Organic milk.
Is Trader Joe's the best grocery store?
This year's results, released Wednesday, had Trader Joe's in the No. 1 spot on the index for the second year. Rounding out the grocery retailers with the highest overall consumer preference index scores were Market Basket (No. 6), Sam's Club (No.