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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]
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. [2]
Aldi. Popularity: 60%. ... the Germany-founded chain still managed to land in the top five most popular grocery stores in America, with 60% of customers giving it a positive rating. Aldi keeps ...
Joe V's Smart Shop was first established in 2010 after being inspired by Aldi's business model. The stores are about half the size of H-E-B with a more streamlined inventory.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies. ... Aldi’s fan-favorite $13 Lodge cast-iron skillet copycat is finally back ...
The first Trader Joe's store was opened in 1967 by founder Joe Coulombe in Pasadena, California. [4] [5] In 1979, the chain was sold to Aldi founder Theo Albrecht, [6] who owned it until his death in 2010; ownership passed to his heirs. [7] The company operates offices in both Monrovia, California, and Boston, Massachusetts but remains German ...
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.