Aldi is the US' fastest-growing grocer. Here's how a small German convenience store run by 2 brothers turned into one of the world's biggest retail chains.

Dec 29 2022 by Business Insider

 

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Aldi has its origins in a small store set up by Anna Albrecht in Germany in 1913. After WWII, she gave the store to her two sons who turned it into a chain and then split it into two companies. The companies reported combined net sales of around $95 billion in 2021. Here's how Aldi got there. Aldi's history includes a kidnapping, stringent cost-cutting measures, and an argument over cigarettesShoppers in front of an Aldi store in Frankfurt...
Continue Reading Aldi is the US' fastest-growing grocer. Here's how a small German convenience store run by 2 brothers turned into one of the world's biggest retail chains.