New Trader Joe's Location Dubbed 'Insane' as 13 States Get New Stores
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
A new Trader Joe's location has been dubbed "insane" by a customer as it is directly across the street from another Trader Joe's.
Shauna Green, a Trader Joe's shopper, posted a video to TikTok showing her standing outside of the new store location in the Los Angeles suburb of Sherman Oaks. When she pans the camera around, a separate large Trader Joe's can be seen right behind her.
The company is well aware that it is right by another location, and has called this new store "Sherman Oaks, too."
Trader Joe's has been contacted via their media portal for comment.
Why It Matters
The store opening is part of a new 21-store expansion across 13 states by the company. Despite grocery prices projected to rise because of President Donald Trump's tariffs and inflation, Trader Joe's is still banking on making a large enough profit to open new locations.
According to a March 2025 YouGov poll, Trader Joe's is the 7th most popular grocery store in the United States.
Trader Joe's signage is illuminated outside a store in Houston on March 24, 2025.
Trader Joe's signage is illuminated outside a store in Houston on March 24, 2025.
Aaron M. Sprecher/AP Photo
What To Know
Green told viewers this new store will operate alongside the older one for at least three years, as the old one just renewed its lease.
Commenters under her video are pointing out that now people will have two chances to look for products that may be out of stock at the other store. Also, according to some commenters, the previous location had "the world's smallest parking lot," so this new shop will be beneficial to drivers.
Green said a cashier told her these locations were a lot like how many Starbucks have locations right next to each other, although Green pointed out in her video that Starbucks stores are not normally directly opposite each other.
The new Trader Joe's locations are opening even as economists who spoke with Newsweek about the impact of tariffs on imports in May, projected that a full tariff rollout could result in empty store shelves in the U.S.
So far this has not been borne out, as a Circana report from June 9 found that food and beverage prices have gone up by 2.9 percent, but noted that this rise is from tight supplies, not tariffs. This may be due to the tariffs changing rapidly, with some being canceled and others being held up by the courts.
Democrats in the Senate Joint Economic Committee are launching an investigation into the impact of Trump's tariffs on grocery costs across the country.
A sign for organic bananas is seen at a Trader Joe's grocery store in Houston on April 29, 2024.
A sign for organic bananas is seen at a Trader Joe's grocery store in Houston on April 29, 2024.
Aaron M. Sprecher/AP Photo
What People Are Saying
Shauna Green on TikTok: "Want to know something actually insane? I just went to the new Trader Joe's that opened in Sherman Oaks. This is the other Trader Joe's. Literally across the street."
Trader Joe's website: "We've consulted our maps and compass and have found a terrific location for a store in Sherman Oaks, CA. Please join Captain Matt and Crew for the Grand Opening Celebration. We look forward to seeing you!"
What Happens Next
The stores in Sherman Oaks will likely operate across from each other for the next three years.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
Meta discussed buying Perplexity before investing in Scale AI
(Bloomberg) — Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter. Security Concerns Hit Some of the World's 'Most Livable Cities' One Architect's Quest to Save Mumbai's Heritage From Disappearing JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown The two companies couldn't come to an agreement and decided not to pursue the deal, said the people, who asked not to be named as the details of the talks aren't public. The financial terms under discussion could not be learned. Perplexity recently closed a new round of funding at a $14 billion valuation. The talks with Meta, which have not previously been reported, highlight Meta Chief Executive Officer Mark Zuckerberg's willingness to use deals and big hires to catch up in the AI race. The talks took place before Meta finalized a deal this month to invest $14.3 billion in Scale AI and take a 49% stake in the data-labeling startup. Meta and Perplexity didn't immediately respond to request for comment. Frustrated with the pace of Meta's AI development, Zuckerberg is making a concerted push to poach top AI talent from across the industry with lucrative pay packages. Meta has succeeded in hiring Scale AI's former CEO Alexandr Wang, as well as top researchers from Google DeepMind and Sesame AI Inc. Not everyone is jumping to join Meta, however. OpenAI CEO Sam Altman said in a podcast this week that some on his staff had been approached by Meta with offers of $100 million signing bonuses and even bigger compensation packages, but had declined to join Meta. —With assistance from Julia Love. Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? The US Has More Copper Than China But No Way to Refine All of It Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
40 minutes ago
- Yahoo
Meta discussed buying Perplexity before investing in Scale AI
(Bloomberg) — Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter. Security Concerns Hit Some of the World's 'Most Livable Cities' One Architect's Quest to Save Mumbai's Heritage From Disappearing JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown The two companies couldn't come to an agreement and decided not to pursue the deal, said the people, who asked not to be named as the details of the talks aren't public. The financial terms under discussion could not be learned. Perplexity recently closed a new round of funding at a $14 billion valuation. The talks with Meta, which have not previously been reported, highlight Meta Chief Executive Officer Mark Zuckerberg's willingness to use deals and big hires to catch up in the AI race. The talks took place before Meta finalized a deal this month to invest $14.3 billion in Scale AI and take a 49% stake in the data-labeling startup. Meta and Perplexity didn't immediately respond to request for comment. Frustrated with the pace of Meta's AI development, Zuckerberg is making a concerted push to poach top AI talent from across the industry with lucrative pay packages. Meta has succeeded in hiring Scale AI's former CEO Alexandr Wang, as well as top researchers from Google DeepMind and Sesame AI Inc. Not everyone is jumping to join Meta, however. OpenAI CEO Sam Altman said in a podcast this week that some on his staff had been approached by Meta with offers of $100 million signing bonuses and even bigger compensation packages, but had declined to join Meta. —With assistance from Julia Love. Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? The US Has More Copper Than China But No Way to Refine All of It Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Majority of Americans Believe Tariffs Threaten Their Finances
The vast majority of Americans believe President Donald Trump's tariff regime poses an acute threat to their personal finances, and more than half believe the United States economy is veering into dangerous territory. A May survey of more than 1,000 U.S. shoppers revealed that 56 percent think that amid lingering inflation and macroeconomic and geopolitical turmoil, the country's economy is headed in the wrong direction. Bankrate's Consumer Sentiment Survey showed that nearly two in three consumers (65 percent) expect the duties on foreign-made products to have negative personal financial impacts. More from Sourcing Journal US Companies Take Trump Tariff Suit to Supreme Court Florida AG Announces 44 Arrests in Retail Crime Blitz Exclusive: Over One-Third of Retail Execs Say They Will Adjust Pricing In the Face of Tariffs While inflation has been softening and Trump is pushing to solidify his first-term tax cuts before they expire at the end of 2025, shoppers are finding their personal experiences incongruous with the relief that's been promised. In fact, 97 percent of survey takers said they had clocked higher prices over the past year on at least one area of spending, including groceries (91 percent), consumer products (52 percent), travel (40 percent) and personal care services (39 percent). Tariffs are '[o]vershadowing any bright spots in the U.S. economy,' as economists point to the possibility that duties could usher in more inflation and even a recession. The administration's current trade strategy, which centers on taxing imports from across the globe, is far more aggressive than the punitive duties Trump levied against China during his first term in office. In fact, tariffs incurred on global apparel imports this April reached their highest levels in decades. 'While tariffs are one of the president's favorite policy tools, most Americans see higher taxes on imported goods as being a losing proposition for their personal finances,' wrote Bankrate senior economic analyst Mark Hamrick. 'This, after they had previously identified inflation as the top economic issue of the 2024 presidential campaign.' The consumer financial services company broke down responses by political party, and found that all shoppers surveyed were likely to say that tariff-centric trade policy would worsen their economic standing. Perhaps not surprisingly, 91 percent of Democrats took that stance, though 62 percent of independents and 46 percent of Republicans said the same. Some 36 percent of Republicans said the opposite—that new duties could help pad their pocketbooks—along with just 13 percent of independents and 5 percent of Democrats. Political ideologies play a big role in Americans' perceptions of the country's economy, Bankrate found. Even though tariffs are unpopular across the board, only Republican survey respondents were more likely to believe that the economy is on a favorable trajectory, at 58 percent. Meanwhile, just 17 percent of independents and 7 percent of Democrats said the same. An overwhelming majority of Democrats (83 percent) said they believe the economy is taking an ominous turn, along with 58 percent of Independents. More than one-quarter (27 percent) of Republicans agreed, too. Bankrate's analysis noted that this breakdown is not entirely surprising; in October, before Trump was elected, 83 percent of Republicans believed the economy was on the wrong track, while 62 percent of independents and just 27 percent of Democrats agreed. That's because many consumers tend to have a more optimistic view of the economy when their party is the one in charge. Political affiliations have definite correlations with attitudes about the economy, so too do age and income, Bankrate's research showed. Younger shoppers—Gen Z and millennials, at 65 percent and 69 percent, respectively— believe that the Trump tariffs will be hard on their wallets. And notably, 68 percent of baby boomers are in alignment. Gen Xers were the most optimistic, with one-quarter of 45-to-60-year-olds believing that tariffs could improve their financial standing, though 60 percent still believe the contrary. Consumers in the middle of the earning spectrum—those making between $75,000 and $99,999, to be exact—were the most likely to disdain the administration's tariff strategy for its effects on their finances, at 70 percent. Americans who make less than $50,000 per year were closely aligned at 65 percent, and so were those making $100,000 or more at 68 percent. Economists largely believe that tariffs stand only to help—or at least, not harm—high-income earners. Data shows that duties will disproportionately burden those earning less, as they're likely to feel the pinch sooner. The Yale Budget Lab estimates that tariffs could raise average prices on goods by 1.5 percent, adding an effective annual tax of nearly $2,500 per American household. Sign in to access your portfolio
