ALDI is a global discount supermarket based in Germany.
The discount supermarket chain was founded by brothers Karl and Theo Albrecht in 1946 after they took over their mother’s store, which had been operating since 1919. The company split into two parts in 1960, later named ALDI Nord and ALDI Süd. The company began expanding internationally in 1967 with the acquisition of Austrian grocery chain Hofer. ALDI Nord would continue growth into the Netherlands in 1973.
Now with locations in 20 countries, ALDI boasts 40 million customer visits monthly, 90 per cent of their products exclusive ALDI brands and 2017 revenue of $34.8 billion. Well-known American supermarket chain Trader Joe’s operates as a subsidiary of ALDI Nord.
