Albrecht has owned it for most of its existence. The first TJ was opened '67, Albrecht owned the chain since '79, so out of itd 56 years, 48 have been in possession of himself or his family.
The name ALDI literally stood for “Albrecht’s Discount”. It was part of their concept from the start. We can bicker about quality, but if you don’t have the luxury of choice, their prices are generally good here in Germany too.
I love that “innovation” with big US companies always means acquiring another company. Not like EA is a big innovator either.
It always reminds me of this.
Or AOL-Time-Warner-Pepsico-Viacom-Halliburton-Skynet-Toyota-Trader-Joe’s from Bojack Horseman
“Wait so how many companies are there in the world now?”
“Nine.”
Yeah, but don’t worry. It’s not a monopoly until only one company bought every other.
Ooohhhh, please don’t suggest anyone buy Trader Joe’s. That would F Up my world.
Trader Joe’s is privately owned, but it is owned by Aldi.
https://en.m.wikipedia.org/wiki/Trader_Joe%27s
More specifically, by the heirs of Theo Albrecht, one of the two brothers that founded the two Aldi companies.
Hrrrrmm, TIL. As long as they keep it running the same, that’s OK.
Albrecht has owned it for most of its existence. The first TJ was opened '67, Albrecht owned the chain since '79, so out of itd 56 years, 48 have been in possession of himself or his family.
I actually like both Trader Joe’s and Aldi in the states because they both prioritize affordability
The name ALDI literally stood for “Albrecht’s Discount”. It was part of their concept from the start. We can bicker about quality, but if you don’t have the luxury of choice, their prices are generally good here in Germany too.
I’m actually quite impressed with the quality of their organic goods.
Trader Joe’s is already owned by Aldi.
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😂 😂 💜
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