New Trader Joe's Store Rumored for Long Island
LONG ISLAND, NY - Growth has always been a driving factor for Trader Joe’s, but now the retailer seems to be ramping up its expansion efforts, opening several new stores in new regions across the country. Its latest rumored new store is said to be in Long Island, and though the grocer has not publicly announced the new location, there are signs pointing in that direction.
Trader Joe’s is well-known for being tight-lipped about new stores, a practice that builds considerable excitement from residents. Despite the lack of confirmation directly from the retailer, according to licPost, local real-estate brokers have weighed in on the speculation, pointing out that a lease has been signed for a property on 22-43 Jackson Ave.
The new store is rumored to open in late 2020 and is situated in the city's Prime Building, an 11-story, 70-unit mixed-use building currently under construction, the news source reports. The retailer’s primary competition will come from existing neighborhood grocers, Foodcellar and Urban Market. Trader Joe’s has been expanding in New York City since 2006, and now it seems that the retailer is growing outside the city limits.
When will Trader Joe’s confirm the new location? And where else has it set its sights? AndNowUKnow will report.