Theo Albrecht save money." Theodor Albrecht died 24 July 2010, in his home town of Essen, Germany. 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
Southern California supermarket strike of 2003–04 Southern California supermarket strike of 2003–04 The Southern California supermarket strike of 2003–2004 was a labor strike by the United Food and Commercial Workers union (UFCW) against four supermarket chains in Southern California. Management and the unions arrived at a contract after twenty weeks, with both sides claiming victory. On the labor side, the primary party was the United Food and Commercial Workers union (UFCW), although deli workers were represented by UNITE HERE and also struck. On the management side, it involved the supermarket chain companies Albertsons (then an independent company), Ralphs (owned by Kroger) and Vons (owned by Safeway).