ALDI
Organizations & Companies abbreviation · Company and Brand
| Stands for | Albrecht Diskont |
|---|---|
| Categories | Organizations & Companies |
ALDI stands for Albrecht Diskont, a company and brand abbreviation.
German discount supermarket chain known for small stores, a limited range of mostly private-label products and low prices. It operates as two separate groups, Aldi Nord and Aldi Sud.
Example: ALDI is opening 800 new US stores over the next five years.
Usage notes
Brothers Karl and Theo Albrecht took over their mother's shop in Essen and split the business in 1961 into Aldi Sud (south, Karl) and Aldi Nord (north, Theo); the name, from "Albrecht Diskont", dates from 1962. US Aldi stores belong to Aldi Sud, while Trader Joe's is owned by the Aldi Nord side. Shoppers rent carts with a coin deposit.
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