Aldi
brand name of two global discount supermarket chains / From Wikipedia, the free encyclopedia
Aldi is a supermarket in Germany and in most parts of the European Union. Aldi shops are also in Australia, the UK and the United States. Most German towns and villages have at least one Aldi shop. There are about 4,100 stores in Germany, and 7,600 worldwide. The name of the shop stands for ALbrecht-DIscount.
Quick Facts Company type, Industry ...
Company type | Privately held company |
---|---|
Industry | Retail |
Founder | Karl Albrecht Theo Albrecht |
Headquarters | Essen, Germany (Aldi Nord) Mülheim an der Ruhr, Germany (Aldi Süd) |
Number of locations | 9,221 |
Area served | Global |
Key people | Matthew Barnes (CEO, UK Operations)[1] |
Products | Discount store, Supermarket |
Revenue | €53 billion (2009)[2] |
Website | aldi.com |
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The company is a food retailer, but it also sells non-food at times. In the 1990s, Aldi often sold computers that were sought after. Aldi has a reputation for being cheap. It forces its suppliers to sell to them at low prices.