What is the story behind Aldi and Trader Joe’s?

Aldi and Trader Joe’s are two grocery chains with a lot in common. Both are known for their low prices, no-frills approach to grocery shopping, and private label products.

But there’s more to these two companies than meets the eye. Here’s a closer look at the story behind Aldi and Trader Joe’s.

Aldi was founded in 1946 by brothers Karl and Theo Albrecht in Essen, Germany. The Albrecht brothers took over their mother’s corner grocery store after she passed away.

They grew the business into a chain of stores, eventually expanding into other countries. In 1960, they split the company into two separate chains: Aldi Nord, which operates in northern Germany, and Aldi Süd, which operates in southern Germany (and the rest of the world).

Trader Joe’s, on the other hand, was founded in 1958 by Joe Coulombe in Pasadena, California. Coulombe originally conceived of Trader Joe’s as a convenience store chain for college students.

He later expanded the concept to include a wider range of food items and made the decision to sell only private label products. In 1979, German company Theo Albrecht (one of the Albrecht brothers) bought a controlling interest in Trader Joe’s and has since expanded the chain throughout the United States.

So what’s the story behind these two similar grocery chains? Both were founded by entrepreneurial brothers with a vision for providing quality products at low prices.

And both have been successful in expanding their operations globally. But while Aldi remains a family-owned business, Trader Joe’s is now owned by one of Germany’s largest companies. Despite their different ownership structures, both Aldi and Trader Joe’s continue to offer shoppers great value on private label products.

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