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Aldi: a history of the low-cost supermarket. Aldi started life in 1946, when Karl and Theo Albrecht took control of their motherâs grocery store in the German city of Essen. From the small provincial store, they built one of Germanyâs biggest retailers, which became renowned for its low prices. The name Aldi is a combination of Albrecht and discount.
Answer by JazzHarper. Confidence votes 8.8K. In the US, Woolworth's originated as the F. W. Woolworth Company, a chain of five and dime (5Â¢ and 10Â¢) stores, which operated from 1879 to 1997. In the mid-20th century, it was one of the largest retailers in the US.Subsidiaries existed in Britain, Ireland, Germany and Canada; most are now defunct.. W. Woolworth Company, usually just referred to as Woolworth's,  was founded in New York City in 1897. The company went out of  business in 1997. There are still retail ch â¦ ains in other countries  using the Woolworth name.