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Aldi (stylised as ALDI [6]) (German pronunciation: ⓘ) 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.
Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. [8] The supermarket divided into two legally separate operating units with two distinct geographical locations. Theo's Aldi Nord set to operate in the north of Germany, while Karl's Aldi Süd set to operate in Germany's south. [9]
Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the owner of Trader Joe's and Aldi Nord, and the son of Aldi's co-founder. As of July 2021, Albrecht's net worth is estimated at US$20.6 billion.
Aldi's family-owned business was founded in 1913 in Germany. In 1961, brothers Karl and Theo Albrecht divided the business into two legally and economically independent companies, supermarket ...
Aldi Owns Trader Joe's. America is the only place the two Aldi companies compete: Aldi Süd owns Aldi-branded stores here; Aldi Nord bought the Trader Joe's chain in 1979, when it had only 18 ...
The announcement came at the same time Aldi announced the completion of its acquisition of Southeastern Grocers, which owns the Winn-Dixie and Harveys Supermarket brands, indicating it plans a ...
First Aldi store in Schonnebeck, Essen. Karl and Theo Albrecht were born and raised in a Catholic [3] family in modest circumstances in Essen, Germany.Their father, Karl Sr., worked as a miner and later as a baker's assistant, [4] while their mother Anna (née Siepmann) ran a small grocery store in the workers' quarter of Schonnebeck [], a suburb of Essen.
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