Aldi Süd

Common card · No. 237980

Aldi Süd (German pronunciation: [ˈaldiː] , stylised in all caps) also referred to as Aldi is a Southern German multinational family-owned discount supermarket chain operating over 7,900 stores in 11 countries. The business was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The enterprise was split into two separate groups in 1960 that later became Aldi Nord (initially operating in northern West Germany), headquartered in Essen, and Aldi Süd (initially operating in southern West Germany), headquartered in neighboring Mülheim. As the business expanded internationally, the two divisions maintained this separation, dividing global markets between them, with the exception of the United States, where both operate: Aldi Süd under the Aldi name, while Aldi Nord owns Trader Joe's. In 1962, they introduced the name Aldi (a syllabic abbreviation for "Albrecht Diskont"). In Germany, Aldi Nord and Aldi Süd have been financially and legally separate...

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