Nope! ALDI and Trader Joes dont 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.
Is Trader Joes and ALDI owned by the same company?
Owned by a German company called Albrecht Discounts, ALDI is a discount grocery chain that started in Germany in 1948. The same strategy, although executed by the US staff and tailored to their customers tastes, is the exact same one used by Trader Joes. ...
Why did ALDI and Trader Joes split?
Better known by its acronym, Aldi in 1960 was split between the brothers after a dispute over whether or not to sell cigarettes.
Are the owners of Lidl and ALDI brothers?
Though the company has been traced to 1930, it was in 1977 that Lidl ventured into the supermarket business on the lines of Aldi concept. It is not one company but two companies, Aldi Sud and Aldi Nord, owned by brothers. Aldi was formed in 1913 after the mother of the two brothers started a small store in Essen.
Is ALDI owned by brothers?
Aldi (stylized as ALDI) is the common brand of two German family-owned discount supermarket chains with over 10,000 stores in 20 countries and an estimated combined turnover of more than €50 billion. The chain was founded by brothers Karl and Theo Albrecht in 1946 when they took over their mothers store in Essen.
Does Aldi sell Trader Joes products?
But, you can find the Trader Joes name on products at Aldi…in Germany. The difference is, if youre in the northern part of the country, the stores are Aldi Nord (North), the company that owns Trader Joes. The company that operates Aldi stores in the U.S. is Aldi Sud (South).
Who owns Trader Joes 2020?
Aldi Nord To sum up: were talking about Aldi Nord, the company that owns Trader Joes, and Aldi stores in the other big English-speaking countries. The Albrecht brother in charge of that branch had two children, and now one brother is fighting with the others widow over control of the company and her familys spending.