Theo Albrecht Theo Albrecht Theodor Paul "Theo" Albrecht (; 28 March 1922 – 24 July 2010) was a German entrepreneur, who in 2010 was ranked by Forbes as the 31st richest person in the world, with a net worth of $16.7 billion. He owned and was the CEO of the Aldi Nord discount supermarket chain. In the US he owned the Trader Joe's specialty grocery store chain. His brother Karl Albrecht owned the Aldi Süd discount supermarket chain. The two chains originally were a single family enterprise until a friendly division of assets in 1960. Aldi Süd operates the Aldi groceries in
Loeb (supermarket) conventional food stores under the Metro banner. Over a period of 15 months, all Loeb stores were converted to the Metro name. It is unrelated to the Swiss department store chain with the same name. Since acquisition of A&P Canada by parent company: Loeb (supermarket) Loeb was originally a supermarket chain in Eastern Ontario, Canada and eventually spanned across the country. It was once Ottawa's second-largest supermarket chain behind Loblaws. Each of the stores averaged in size. Loeb was acquired by the Quebec-based supermarket chain Metro in 1999 and converted to the Metro brand in 2008/2009. Loeb began in 1912