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Lately there’s been a rumor circulating about Trader Joe’s that I’d like to dispel: no, ConAgra has not bought Trader Joe’s. Trader Joe’s is still owned by Germany’s uber-private Albrecht family, ever since TJ’s founder Joe Coulumbe sold it to them back in 1979.
But ConAgra did buy Ralcorp, and Ralcorp is one of the primary manufacturers behind the majority of Trader Joe’s privately labeled, organic, and GMO-free products.
So what does ConAgra’s purchase of Ralcorp mean to the millions of loyal Trader Joe’s fans? Let’s connect the dots…