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Aldi (stylised as ALDI[6]) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. [7][8] The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups ...
Berthold Albrecht (nephew) [1] Karl Hans Albrecht (German: [ˈalbʁɛçt]; 20 February 1920 – 16 July 2014) was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was the richest person in Germany for many years. In February 2014, he was ranked the 21st-richest person in the world by Hurun Report.
Theo Albrecht. Theodor Paul Albrecht (German: [ˈalbʁɛçt]; 28 March 1922 – 24 July 2010) [1] was a German entrepreneur. He established the discount supermarket chain Aldi with his brother Karl Albrecht. In 2010, Theo was ranked by Forbes as the 31st richest person in the world, with a net worth of $16.7 billion. [5]
How Did Aldi Start? Aldi’s story began after WWII when Germany faced tremendous challenges in rebuilding shattered cities, sheltering millions without homes and providing food for its citizens.
Aldi 101. German grocer Aldi has earned more and more U.S. devotees, but I'll admit I'd been late to the party. After all, I already shopped for food at a lot of places — Kroger, Costco, Trader ...
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Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. The chain has 571 stores [3] across the United States. The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California. [4] The chain was sold to Aldi founder Theo Albrecht [5] in 1979, who owned it until his death in 2010 ...
Discount store. A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. [1]