Trader Joe's will open fewer stores this year

Monrovia, Calif.-based Trader Joe's, a leader in innovative and premium private brands, will open fewer stores in 2017 — 14 — than its annual average of opening stores in the past several years, which is 23.

It’s the second year in a row that Trader Joe’s has opened fewer stores than average — last year it opened 13 stores.

This year, Trader Joe’s has opened new stores in Allston, Mass.; Kalamazoo, Mich.; North Brunswick, N.J.; San Francisco; West Hollywood, Calif.; San Diego; Hoboken, N.J.; Las Vegas; New York; Somerville, Mass.; Los Angeles; Washington, D.C.; Coralville, Iowa; San Juan Capistrano, Calif.; and Jacksonville, Fla.

Trader Joe's has more than 470 stores in 41 states.