ALDI Group
45307 Essen, Germany (Map) Phone: +49-201-85-93-0
Fax: +49-201-85-93-31-9
Primary US Office:
Subscribers Only http://www.aldi.com
Overview
ALDI keeps it cheap so shoppers can, too. How has discount food retailer ALDI Group become one of the world's biggest grocery chains, running about 9,000 stores worldwide? By offering deeply discounted prices on about 1,400 popular food items (a typical grocery store has 30,000). ALDI (short for "Albrecht Discounts") buys cheap land mostly on city outskirts, builds cheap warehouses, employs a tiny staff, and carries mostly private-label items, displaying them on pallets rather than shelves. ALDI has about 1,000 stores in some 30 US states, but Germany (where ALDI has a network of some 4,200 stores) accounts for about two-thirds of sales. Brothers and co-founders Theo and Karl Albrecht own the company.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for ALDI Group
| Company Type | Private |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £45,372.4 |
| 1-Year Sales Growth | 36.9% |
Key People from Hoover's UK
Key people and executives for ALDI Group
| Co-Chairman | Theo Albrecht (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| Co-Chairman | Karl Albrecht Connect to this executive |
| CEO, ALDI Nord | Theo Albrecht Jr. Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of ALDI Group
There are 34 competitors for ALDI; see more.
