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Aldi is America's fastest-growing grocer, with nearly as many stores as Kroger. Here's how the German chain became a retail giant.
the Albrecht family has always been notoriously reclusive. Theo died in 2010 at age 88 with a net worth of close to $17 billion, while Karl died four years later aged 94. Forbes estimates that ...
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The 1960s business decision that connects Trader Joe's, Aldi
The history of the Aldi can be traced back to 1913 when Anna Albrecht started a food store in Essen, Germany. Her sons, Karl and Theo Albrecht, took over the business after World War II and ...
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Who owns Trader Joe’s?
Aldi Nord and its sister company, Aldi Süd, were founded in 1946 by brothers Theo and Karl Albrecht. In 1979, Aldi Nord acquired the Trader Joe’s chain, which operated in southern California at ...