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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]
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.
Trader Joe's is an American grocery store chain headquartered in Monrovia, California, with 597 locations across the US. [3]The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California.
The brothers split the company in 1960 over a dispute about whether to sell cigarettes, forming Aldi Nord and Aldi Süd which became financially and legally separate in 1966. They started expanding internationally in 1967, with Aldi Süd acquiring the grocery chain Hofer in Austria and Aldi Nord opening its first stores abroad in the ...
In November 2014, Delhaize Group signed an agreement to sell its Bottom Dollar food store locations in the U.S. to Aldi, Inc. The stores were closed on 12 January 2015, and the transaction was completed early 2015. [15] On 24 June 2015, Delhaize reached an agreement with Ahold to merge, forming a new parent company, Ahold Delhaize.
Lidl (German pronunciation: LEE-dəl) is a German international discount retailer chain [3] that operates over 12,000 stores, present in every member state of the European Union, Serbia, Switzerland, the United Kingdom and the United States. [4]
Karl Hans Albrecht Jr. (born 1948) is a German billionaire, and the son of Karl Albrecht, who founded the discount supermarket chain Aldi with his brother Theo. Albrecht worked for Aldi Süd in various roles until his resignation due to a cancer diagnosis (from which he subsequently recovered).