I had no idea I was shopping at such a popular grocery store. Bethany Kear Driskill, we are so euro and we didnt even know it. German efficiency! Yes! Low prices! Yes! Rock on, Aldi. [O]utside Germany, few know about grocery-store kingpins Karl and Theo Albrecht (who was kidnapped in 1971)—even though Karl, with a reported net worth of more than 17 billion euros, is the richest man in Germany (Theo’s descendants are a close second). The Brüder founded their discount-store empire together. A disagreement in 1960 over selling cigarettes hastened a partition, and an epic game of grocery-store Risk: Theo would rename his business Aldi Nord, and would control territories north of the Rhine, plus a healthy chunk of Europe. Karl would head up Aldi Süd, and get southern Germany, more of Europe, plus the U.K. and Ireland. But both companies operate stores in the United States—Aldi Süd operates as Aldi, and Aldi Nord as the now ubiquitous Trader Joe’s.
Posted on: Sun, 31 Aug 2014 01:53:08 +0000
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