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
Loeb (supermarket) 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 when Moses Loeb opened a small wholesale confectionery house in Ottawa, Ontario, Canada. From 1912 to 1950, Loeb was a small wholesale warehouse. Eventually, Loeb grew from that small confectionery house into two large warehouses. For Loeb, the following two decades were those