Aldi

Aldi

ALDI Einkauf GmbH & Co. oHG, doing business as ALDI ( ), short for "Albrecht Discount", is a global discount supermarket chain based in Germany. The chain is made up of two separate groups, ALDI Nord (North - operating as ALDI MARKT), with its headquarters in Essen, and ALDI Süd (South - operating as Aldi Süd), with its headquarters in Mülheim an der Ruhr, which operate independently from each other within specific areas. The individual groups were originally owned and managed by brothers Karl Albrecht and Theo Albrecht; Karl Albrecht retains ownership of Aldi Sud, and with a personal wealth of €17.2 billion, is the richest man in Germany, while the co-owners of Aldi Sud, Berthold and Theo Albrecht junior, follow close behind at €16 billion. Dieter Schwarz, owner of Lidl and Kaufland came in third, with a fortune of €11.5 billion. Theo Albrecht was Germany's second-wealthiest person at his death in July 2010.

Aldi's German operations consist of Aldi Nord's 35 individual regional companies with about 2,500 stores in western, northern, and eastern Germany, and Aldi Süd's 31 regional companies with 1,600 stores in western and southern Germany. Internationally, Aldi Nord operates in Denmark, France, the Benelux countries, the Iberian peninsula, and Poland, while Aldi Süd operates in the United States, Ireland, the United Kingdom, Hungary, Switzerland, Austria, Slovenia and Australia. (In Austria and Slovenia, Aldi Sud operates as Hofer.) Aldi Süd operates the U.S. stores with the Aldi name.

According to a 2002 survey conducted by the German market research institute Forsa, 95% of blue-collar workers, 88% of white-collar workers, 84% of public servants, and 80% of self-employed Germans shop at Aldi. One of Aldi's direct competitors, both nationally and internationally, is Lidl.

Read more about Aldi:  History, Business Practices, Reputation, Criticism, Aldi Talk