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
Grand Union (supermarket) were not disclosed. On May 28, 2013 grand reopening ceremonies were held for 9 stores which had been re-bannered under the Tops Friendly Markets name. The remaining 12 stores held grand reopening ceremonies on July 2, 2013 under the Tops Friendly Markets banner, effectively bringing an end to the Grand Union supermarket chain. Grand Union (supermarket) Grand Union Supermarkets, later known as Grand Union Family Markets and often referred to simply as Grand Union, was an American chain of grocery stores that did business primarily in the northeastern United States. It operated stores in other areas of the country including