Karl y theo albrecht biography
Theo albrecht.
The Untold Truth Of The Brothers Who Started Aldi
ByDB Kelly
Just a few decades after they opened, Aldi had grown from a discount store on a German streetcorner to be one of the largest supermarket chains in the world.
As of 2019, Aldi Sud (which is in countries like the US, Italy, the UK, Ireland, and Australia) has 6,322 locations, employs nearly 150,000 people, and boasted an annual revenue of $19.3 billion.
Karl y theo albrecht biography
Sister company Aldi Nord (which is found in France, Poland, the Netherlands, and in the US as Trader Joe's, among other countries), has an impressive 4,690 locations, around 60,000 employees, and around $14.5 billion in annual revenue — though those numbers don't reflect Trader Joe's locations).
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It's no wonder — Aldi is amazing.
The low-cost, high-quality grocer with minimal selection and a strange section of ever-changing wonders was the brainchild of two brothers: Theo and Karl Albrecht.
These super-secretive billionaires