Trader Joe’s Is Part of the Family
Trader Joe’s and Aldi are owned by sister companies Aldi Nord and Aldi Sud. Aldi Nord owns Trader Joe’s, which it acquired in 1979, and operates Aldi stores in Europe. Aldi Sud operates Aldi stores in the U.S. The first one opened in Iowa in 1976.
Aldi was founded in Germany by brothers Albert and Theo Albrecht. The brand name is a combination of the first two letters of their last name and the first two letters of the word discount. The brothers, now deceased, launched their grocery empire right after World War II, but chose to split the business in 1961 reportedly due to a dispute over whether to sell cigarettes.
Next, so just how big is Aldi?…..