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ALDI Group · Essen Germany

Eckenbergstrasse 16Phone: +49-201-8593-0
EssenFax: +49-201-8593-319
45307
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ALDI Group Rankings

Company Description

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 more than 9,500 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 (95%) private-label items, displaying them on pallets rather than shelves. ALDI hasĀ more than 1,135 stores in some 30 US states, but Germany (where ALDI has more than 4,000 stores) accounts for about two-thirds of sales. ALDI was co-founded by brothers KarlĀ and the late Theo Albrecht.

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Financials

Company TypePrivateHeadquarters
Fiscal Year-EndDecember
Employees750

Executives

3 executives listed for ALDI Group's Essen, Germany location.

Co-PresidentCharles YoungstromE-mail
Co-PresidentJason HartE-mail
VP PurchasingJoan KavanaughE-mail

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