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
Sweetbay Supermarket 33 stores would close, leaving the chain with 72 stores. The closings were attributed to competition from regional grocery chain Publix and national chain Walmart. In May 2013, Sweetbay and its sister supermarket chains Harveys and Reid's were sold to BI-LO LLC for $265 million. Also included in the transaction were leases to 10 Sweetbay locations that closed in January 2013. On October 8, 2013, BI-LO announced it would retire the Sweetbay brand, and rename all Sweetbay locations to Winn-Dixie. In 2002, management and supply chain at Kash n' Karry was transferred to sister chain Hannaford in hopes of repairing