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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.
Retail 5/17/2012 @ 12:08PM 98,684 views. Aldi's Trader Joe's is a Winner. When Kart and Theo Albrecht split the company to form Aldi Nord (North) and Aldi SÃ¼d (South) in 1960, they also split their global ambitions. Today there are about 4981 stores that belong to Aldi North and 4504 stores that belong to Aldi South.