Theo Albrecht Jr. Theo Albrecht Jr. Theodor "Theo" Albrecht Jr. (born 1950) is a German billionaire businessman, the son of Theo Albrecht, co-founder of Aldi. As of January 2018, Albrecht's net worth is estimated by Forbes as $22.4 billion. In 2010, his father Theo Albrecht died, leaving the ownership of the German supermarket chain Aldi Nord and US supermarket chain Trader Joe's to his two sons, but Berthold died in 2012. Theo Albrecht Jr. and the heirs of his brother Berthold inherited the fortune, which originally grew from a corner grocery shop opened back in 1913. Albrecht lives in Mülheim an der Ruhr,
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