Who owns aldi now

Real Estate Opportunities. Available Properties. Expand Menu Collapse Menu Suppliers. Become a Supplier. Divisional Info. Supplier Videos. Current Suppliers. Supplier Responsibilities. ALDI History selected. ALDI History. It is not. While the two chains have some similarities, with both following a low-price, private-label-dependent strategy, they are independently owned and operated. The confusion arises from the fact that their ownership groups, currently separate, have a shared history.

The first Aldi grocery store, Albrecht Diskont, opened in Germany in the early s. When the will was read, Babette and the family denied any wrongdoing. Theo Albrecht from Essen, co-owner of the Aldi supermarket chain in Aldi is known today as a popular budget supermarket with over 10, stores in 20 countries. In the U. Trader Joe's has a reputation for low prices. While their father worked in a coal mine, their mother had run a small grocery store where the brothers would work after school in the years before the war.

After the war the brothers returned to their home in Essen, in Western Germany, and found their small shop undamaged. And so began the rise and rise of the Albrecht dynasty, where food at Aldi stores was sold straight from the box, piled high without marketing and at low prices, compared to rival stores selling fresh produce.

In June Aldi opened two stores in China, and The Financial Times reported from Shanghai that hundreds of people lined up to gain entry. This is a BETA experience.