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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.
Walmart /ËwÉËlmÉrt/ , is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville, Arkansas, United States, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.almart planned to build 15 to 20 Walmart Express stores, focusing on Arkansas, North Carolina and Chicago, by the end of its fiscal year in January 2012. As of September 8, 2014 Walmart will rebrand all of its Express format stores to Neighborhood Markets in an effort to streamline its retail offer.