Nils-Gerrit Wunsch
Research expert covering foods trends in North America, Europe, and the global food system
Get in touch with us nowProjected sales of Trader Joe's in the U.S. 2015-2021
The timeline depicts the projected sales of Trader Joe's in the United States from 2015 to 2021. According to the report, Trader Joe's was estimated to generate approximately 8.27 billion U.S. dollars in nationwide sales in 2015.
Trader Joe's - additional information
Grocery stores, often referred to as supermarkets, are retail stores which specialize in selling food products. However, industry authorities provide a more specific definition based on particular guidelines such as size and scale, as well as the type of products sold. Supermarkets belong the to the traditional grocery segment according to the Food Marketing Institute. They are described as full-line, self-service grocery stores with annual sales amounting to at least two million U.S. dollars. In 2015, there were approximately 38,015 supermarkets in the United States.
Trader Joe’s is a U.S. chain of specialty grocery stores headquartered in California. The first Trader Joe’s store opened for operations in Pasadena in 1967. At that time, the company was known for selling local wines. In the 1990s, Trader Joe’s ventured outside the California state and began opening stores in Arizona, Oregon and Washington. By 1995, the company established its 70th store. Trader Joe’s continued its expansion in the Midwest and Southeast regions during the early to mid-2000s.
In 2007, Trader Joe’s committed to selling “healthier” food by eliminating artificial trans fats, artificial flavors, artificial preservatives and GMO ingredients from all of its private label products. In 2015, the grocery chain’s estimated sales amounted to approximately 8.27 billion U.S. dollars. Trader Joe’s total sales are expected to reach 9.67 billion U.S. by 2021. The privately held company employed approximately 9,200 people in over 450 stores across the country in 2016.
Trader Joe's - additional information
Grocery stores, often referred to as supermarkets, are retail stores which specialize in selling food products. However, industry authorities provide a more specific definition based on particular guidelines such as size and scale, as well as the type of products sold. Supermarkets belong the to the traditional grocery segment according to the Food Marketing Institute. They are described as full-line, self-service grocery stores with annual sales amounting to at least two million U.S. dollars. In 2015, there were approximately 38,015 supermarkets in the United States.
Trader Joe’s is a U.S. chain of specialty grocery stores headquartered in California. The first Trader Joe’s store opened for operations in Pasadena in 1967. At that time, the company was known for selling local wines. In the 1990s, Trader Joe’s ventured outside the California state and began opening stores in Arizona, Oregon and Washington. By 1995, the company established its 70th store. Trader Joe’s continued its expansion in the Midwest and Southeast regions during the early to mid-2000s.
In 2007, Trader Joe’s committed to selling “healthier” food by eliminating artificial trans fats, artificial flavors, artificial preservatives and GMO ingredients from all of its private label products. In 2015, the grocery chain’s estimated sales amounted to approximately 8.27 billion U.S. dollars. Trader Joe’s total sales are expected to reach 9.67 billion U.S. by 2021. The privately held company employed approximately 9,200 people in over 450 stores across the country in 2016.
