Trader Joe's Setting Sail for Rhode Island

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Trader Joe's Setting Sail for Rhode Island

04/28/2008
Specialty grocer Trader Joe's will reportedly debut in Warwick, R.I. this October.

The store will be along the commercial corridor known as Route 2. The 12,700-square-foot store will open after a $1 million renovation this spring and summer of the Bald Hill Road shopping center, Joel Kadis, a partner in Burlington, Mass.-based Linear Retail Properties, LLC, told the Providence Journal.

"It’s a win for us because it creates a reason for people to go to Route 2," Warwick mayor Scott Avedisian told the newspaper. "People do drive to Massachusetts for Trader Joe's."

Trader Joe's operates about 300 stores in 23 states and Washington, D.C. Sixteen of its locations are in Massachusetts, which borders Rhode Island.

Monrovia, Calif.-based Trader Joe's is owned by German entrepreneur Theodor Albrecht, who founded the Aldi chain of limited-assortment stores with his brother Karl. Aldi also made its Rhode Island debut this year.