business

Trader Joe's drops $22M on big new store in coastal California city - SFGATE

Trader Joe's, the California-based grocery chain, has purchased a former Rite Aid in Santa Monica for $22 million with plans to open another LA-area location.

By:Farley Elliott
Source:SFGate
Published:
Trader Joe's drops $22M on big new store in coastal California city - SFGATE
Aerial view of Santa Monica Pier in Los Angeles cityscape, Calif. Getty Images/Tetra images RF Trader Joes is not afraid to spend money its just a matter of where. The ultra-popular California groc… [+2236 chars]

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