In 1962, they introduced the name Aldi—short for Albrecht-Diskont, which translates into English as "Albrecht Discount". Aldi Nord and Aldi Süd have been financially and legally separate since 1966. The individual groups were originally owned and managed jointly by the brothers.
In 1961 the brothers changed the name to Aldi, which is short for Albrecht Discount, and the business continued to grow.
Owned by a German company called Albrecht Discounts, ALDI is a discount grocery chain that started in Germany in 1948. Decidedly no frills, the company stocks virtually all house-brand products, all offered at very low prices thanks to exclusive deals with their suppliers, many of which are big-name producers.
The company employ approximately 13,180 people, operates throughout Australia and is administered by its head office in Minchinbury, New South Wales. ALDI Stores (A Limited Partnership) is a wholly owned subsidiaries of Austria-based supermarket company, Hofer KG.
The original logo design featured the words “Karl Albrecht Lebensmittel” in white lettering on a red background. As the business moved into budget retailing, the logo was redesigned in 1962, featuring the word “Albrecht” in white on a blue background - the beginnings of the colour scheme you see today.
The logo became recognisable as we know it today when the 'A' symbol above the name appeared in 1982, alongside the border of orange, red and yellow. Aldi was actually split into two different companies following a feud between the founding brothers about whether to sell cigarettes at the store or not.
The customer comes first. You are our everything.
In 1962, they introduced the name Aldi—short for Albrecht-Diskont, which translates into English as "Albrecht Discount".
ALDI Australia provides customers with the highest quality groceries at permanently low prices. We do this by offering a limited yet carefully selected product range and working closely with business partners to maximise efficiencies to deliver quality and value to customers.
What makes ALDI different? At our core, we are different by design. We are private-label trailblazers, and our company is built on these basic principles: simplicity matters, we sell the best food at low prices, and everything we do is purposefully designed to save people money.
Aldi Nord purchased like-minded, low-cost grocery chain Trader Joe's in 1979 as a way of entering the American market where Aldi Süd had already established itself a few years earlier when it opened its first store in Iowa (per CNBC).
Theodor "Theo" Albrecht Jr.
As of July 2021, Albrecht's net worth is estimated at US$20.6 billion.
The first foundation stone was laid in 1913 with the opening of a small food store in the German town of Essen. It didn't take long for this little 'service store' to become a popular place to shop. During the '40s, an expansion program was created and more ALDI stores were opened.
Aldis as a boy's name is of Italian and Old German origin meaning "old one or elder".
They typically purchase meat from regional farms. Buying local usually means the company can pay less for the transportation of the product. In return, this means a lower cost for customers.
Our business approach is based on our three core values which are consistency, simplicity and responsibility. Consistency leads to reliability.
When asked in an Indeed survey about the difficulty of their interview at ALDI, most respondents said it was medium. Indeed's survey asked over 2,251 respondents whether they felt that their interview at ALDI was a fair assessment of their skills. 85% said yes.
587 ALDI Locations in Australia.
In 1961, the Albrecht Family founded the world's first discount grocery store in Germany.
That's why our pillars, Good Planet, Good Health, Good Community and Good Business are at the core of everything we do.
ALDI's pricing strategy of maintaining the lowest possible prices and no-frills discounts encourages men and women in low and mid-level income groups and economical shoppers around the world to become regular customers.
We will reduce food waste across our business and make other operational waste reusable or recyclable. We will reduce our own-brand product packaging weight and make the packaging we use 100% reusable, recyclable or compostable. We will provide a range of high quality, sustainable products to our customers.