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Aldi had approximately 11 percent share of the Australian grocery market in 2018. [51] [52] Aldi Süd expanded to the United States under the Aldi banner, having expanded throughout the Eastern and Midwestern US. [53] Aldi Süd revealed expansion plans in 2015, and expanded into the Southern California market, where Aldi Nord's Trader Joe's is ...
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.
A Trader Joe's store in Cobble Hill, Brooklyn, New York, built in a converted bank building. As of January 1, 2025, Trader Joe's had 593 stores across 43 states as well as the District of Columbia in the United States with stores being added regularly. [23] Most locations averaged between 10,000 sq ft (930 m 2) and 15,000 sq ft (1,400 m 2
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]
Clean Up on Aisle 12. Customers can buy quinoa at Trader Joe's for half the price they would pay at Whole Foods Market. Customers are promised up to 50% savings by buying daily necessities at Aldi.
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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.
The German grocer is trying to give Aldi and Trader Joe's a run for their money.