Who owns aldi stores in Australia?
The Albrecht family own ALDI (short for Albrecht discount). It was started by Karl Hans Albrecht and his brother Theo in Germany in 1946. Today, their network has over 10,000 stores and serves millions of people across three continents.
Karl Hans Albrecht, Germany’s richest man and second richest in the euro zone, founded the German discount super market chain Aldi with co founder and brother Theo. Karl took over his mother’s small grocery store with his brother and that is how it all started. Who would have thought a small grocery store would become a grocery giant around the world.
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The key to growth was keeping the prices lower than competitors. This led to AlDI’s popularity in post-World War II Germany.
After expanding internationally across mainland Europe, the first Aldi store opened in the US, in Iowa, in 1976
ALDI has thousands of locations in North America and Europe. The chain opened its first location in Sydney, Australia, in 2001, and since then it has been competing with Australian supermarkets like Woolworths and Coles. In the past two decades, Aldi has opened over 500 locations in Australia alone.
As a budget shopper living in Australia, Aldi is one of the cheapest options for buying groceries in this country. Considering food prices are among the highest in the world in Australia, Aldi is a great place to shop if you’re on a budget.
Australians love shopping at ALDI stores thanks to its low prices. You can buy fresh produce and quality products at low prices.
Aldi is Two Companies
The first thing you need to know about “Aldi” is that, technically speaking, it refers to two different companies