Karl Albrecht in Germany, and the fourth-richest in Europe. Karl Albrecht Karl Hans Albrecht (; 20 February 1920 – 16 July 2014) was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the richest person in Germany. In February 2014, he was ranked the 21st-richest person in the world by Hurun Report. Karl and Theo Albrecht were born and raised in a Catholic family in modest circumstances in Essen, Germany. Their father, Karl Sr, was employed as a miner and later as a baker's assistant. Their mother Anna, née Siepmann, had a
Perekrestok (supermarket chain) Perekrestok (supermarket chain) Perekrestok () is Russia’s largest supermarket chain managed by X5 Retail Group. In July 2018, the chain opened its 700th store. The chain was founded in 1995, when the first supermarket opened in Moscow. In 2002, Perekrestok started expanding into other Russian regions. In 2006, Perekrestok and Pyaterochka merged, creating X5 Retail Group while keeping the Perekrestok brand unchanged. In 2014, the chain adopted a new store concept, with state-of-the-art retail equipment, better use of selling space, and improved interior and exterior design. As at 30 June 2018, more than 77% of Perekrestok supermarkets operated under the