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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.
Quick Answer. Aldi grocery stores are owned by the Albrecht family from Germany. The name Aldi is a nickname for Albrecht Discount, which was the official name of the store chain until 1962. Continue Reading.