Aldi is a German supermarket chain that operates over 10,000 stores in 20 countries. It is the fifth-largest retailer in the world and the largest in Germany.
As of 2020, Aldi has nearly 2,000 stores in the United States.
Aldi was founded by brothers Karl and Theo Albrecht in 1946. The Albrecht brothers took over their mother’s grocery store in Essen, Germany, which had been in operation since 1913. Karl and Theo expanded the store’s selection of goods and began offering self-service, which was a new concept at the time.
Aldi’s business model is based on offering a limited selection of products at low prices. The company does not offer loyalty cards or discounts, and it does not advertise its products. Aldi stores are typically smaller than other supermarkets, and they do not have expansive product displays or elaborate décor.
Aldi has been successful in expanding its operations globally. The company entered the United States market in 1976, and it now has nearly 2,000 stores in 35 states. Aldi plans to continue its expansion in the United States and open 500 new stores by 2022.
Aldi is a privately-held company, and it does not release its financial information publicly. However, estimates indicate that Aldi had sales of €50 billion in 2017. This figure makes Aldi the fourth-largest grocery retailer in the world, behind Walmart, Costco, and Amazon (which includes Whole Foods).
The Albrecht brothers are still involved in Aldi’s management; Karl’s son, Dieter Albrecht, is the CEO of Aldi Süd (the southern division of Aldi), and Theo’s son Berthold Albrecht is the CEO of Aldi Nord (the northern division). Both divisions operate independently but share common ownership.
Aldi has a simple but effective business model: offer a small selection of products at low prices and keep costs down by reducing advertising and operating expenses. This strategy has allowed the company to expand rapidly around the world and become one of the largest grocery retailers globally.
How many stores does Aldi have 2020?
As of 2020, Aldi has nearly 2,000 stores in the United States.
