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Aldi Nord also owns the Trader Joe's grocery chain in the United States which operates separately from the group. [14] [15] Aldi Süd owns the Winn-Dixie and Harveys supermarket chains in the southern United States. [16] Aldi is the chief competitor of the German discount chain Lidl in several markets. [17]
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.
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]
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 ...
Who owns Aldi? Two brothers, Karl and Theo Albrecht, started Aldi in Germany shortly after World War II, though they split the company into Aldi Süd and Nord in 1966. While there are thousands of ...
Discount grocer Aldi will open 800 additional stores in the U.S. to take advantage of spiking food prices. ... 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.
Aldi, which was founded by brothers Karl and Theo Albrecht in 1946, was cleaved in half in the 1960s. One half of the Albrecht family owns Aldi Nord, while the other half owns Aldi Sud.