Owned by a German company called Albrecht Discounts, ALDI is a discount grocery chain that started in Germany in 1948. Decidedly no frills, the company stocks virtually all house-brand products, all offered at very low prices thanks to exclusive deals with their suppliers, many of which are big-name producers.
What does the word Aldi mean in English?
“Albrecht-Diskont,” meaning “Albrecht's Discount.” The name was eventually shortened to Aldi (Albrecht-Diskont) in 1962. And yet, considering the fact that “Aldi” is more or less an abbreviation of “Albrecht's Discount” it makes a lot of sense—a discount store named with an abbreviation for a discount store.
Where does the name Aldi come from?
Essen, Germany
Who is Albrecht Diskont?
Albrecht learned the grocery business from his mother, in order to escape the fate of his father in the mines. He and his brother Karl developed Albrecht Diskont, one of Europe's largest chains of supermarkets, with the motto "The best quality at the lowest price," and now known by its acronym, Aldi.
What do the letters Aldi stand for?
ALbrecht-DIscount
Who currently owns ALDI?
Albrecht brothers
Is ALDI's owned by China?
Aldi Nord Aldi Süd
---------------------------- -----------------------
United States (Trader Joe's) United States (Aldi US)
China (online only
Is ALDI's owned by Trader Joe's?
Aldi does own Trader Joe's, but it is not the Aldi chain familiar to North American shoppers. Trader Joe's is owned by Aldi Nord, which was formed when the two brothers who founded the Albrecht Discount chain in Germany parted ways. Aldi Sud oversees Aldi US operations.
Are ALDI and Trader Joe's owned by brothers?
After World War II, brothers Theo and Karl Albrecht found their mother's corner grocery store in Germany still standing — so they ran with it, transforming Aldi into an international supermarket chain. In 1979, a family trust bought Trader Joe's, the low-cost grocery store native to the US.
Are Aldi's and Trader Joe's the same company?
Owned by a German company called Albrecht Discounts, ALDI is a discount grocery chain that started in Germany in 1948. Trader Joe's, although it may be based in Southern California, is actually owned by Albrecht Discounts.
Does Trader Joe's own Aldi stores?
ALDI and Trader Joe's don't share the same parent company, have no joint ownership, and are independently operated. But, the two stores do share a common family heritage. The original ALDI (at the time, Albrecht Diskont) opened back in the early 1900s as a single German grocery store.