Trader Joe's parent company: German low-cost supermarket chain brand – ALDI

ALDI is the common brand name of two discount supermarket chains owned by German multinational families. It operates more than 12000 stores in 18 countries/regions. The chain was founded by Karl and Theo Albrecht brothers in 1946, when they took over their mother's shop in Essen. In 1960, the company was divided into two independent groups, the later Aldi Nord (headquartered in Essen) and Aldi S ü d (headquartered in M ü lheim).

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

ALDI US Equities Encyclopedia

Aldi（ Al brecht Di Skont) was founded in 1913 by a small family in Essen, Ruhr Industrial Zone food Shop "Aunt Emma's Shop". Originally, the business area of the small shop was only 35 square meters, and it was operated by Karl Albrecht and Theo Albrecht. After World War II, Carl and Theo took over. Soon, the two brothers opened a large shop in the suburb of Essen. By 1950, it had developed into a small chain food store with 13 stores. In 1960, Ardi was divided into two parts, the north and the south. At this time, they had 300 stores with an annual turnover of 90 million WDM. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

In 1962, they launched the name Aldi (the syllable abbreviation of Albrecht Diskont). In Germany, Aldi Nord and Aldi S ü d have been financially and legally independent since 1966. Aldi Nord's official business name is Aldi Einkauf GmbH&Co., while Aldi S ü d's official business name is ALDI S ∨ D Dienstleitungs SE&Co. Each company owns and operates independently, but they do have contract business with each other. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

Aldi's German business includes 35 independent regional companies of Aldi Nord, about 2200 stores in western, northern and eastern Germany, 32 regional companies of Aldi S ü d, and 2000 stores in western and southern Germany. Internationally, Aldi Nord operates in Belgium, the Netherlands, France, Luxembourg, Poland, Portugal and Spain, while Aldi S ü d operates in Australia, Austria, China, Hungary, Ireland, Italy, Slovenia, Switzerland, the United Kingdom and the United States. In Austria and Slovenia, Aldi operates stores under the Hofer brand. Aldi Nord also owns Trader Joe's grocery chain in the United States, which operates independently of the group. Aldi S ü d announced in August 2023 that it would acquire 400 Winn Dixie and Harveys supermarkets in the southern United States. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

ALDI Enterprise Organization of Aoleqi Supermarket

Germany

Aldi Nord Group currently has 35 independent regional branches and about 2500 stores. Aldi S ü d consists of 24 companies with 2000 stores. The former East Germany is serviced by Aldi Nord, with the exception of Aldi S ü d in Sonneberg, Thuringia, whose regional office is located in Bavaria. Regional branches are organized in the form of limited partnership. Each branch has a regional manager who reports directly to the headquarters in Essen (North Orozzi) or Milheim on Ruhr (South Orozzi). The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

In December 2002, a survey conducted by Forsa, a German market research organization, found that 95% of blue collar workers, 88% of white-collar workers, 84% of civil servants and 80% of self-employed people shop in Aldi. One of Aldi's direct competitors is Liddell （Lidl） 。 The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

international business

Aldi Group operates more than 12000 stores worldwide. Aldi Nord is responsible for its stores in northern Germany, Belgium, France, Luxembourg, the Netherlands, Poland, Portugal and Spain. Aldi Nord also owns Trader Joe's grocery chain in the United States, which operates independently of the group. Aldi S ü d's business scope includes southern Germany, Australia, China, Ireland, the United Kingdom and the United States, and is responsible for Austria, Hungary, Italy, Slovenia and Switzerland through its Austrian subsidiary Hofer AG. Aldi S ü d operates stores under the Hofer brand in Austria and Slovenia. Aldi S ü d's first Swiss store opened in 2005 and has been operating in Hungary since 2007. From November 2008 to December 31, 2010, Aldi S ü d invested about 800 million euros (1 billion dollars; 670 million pounds) in Greece. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

Although Aldi Nord has renamed its Dutch and Belgian subsidiaries Combi and Lansa as the brand Aldi Markt/Aldi March é, Aldi S ü d tries to maintain regional characteristics, naming its store Aldi S ü d in Germany, Aldi Suisse in Switzerland, and Hofer in Austria and Slovenia. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

Aldi landed in the United Kingdom on April 5, 1990, when it opened its first store in Birmingham Stamford, using a wholly owned British registered company of Aldi Store Co., Ltd. In October 2013, Aldi opened its 300th store in the UK. By 2017, Aldi had more than 600 stores there, and opened more than one store a week. A report in February 2020 shows that the company operates about 874 stores in the UK and plans to have 1200 stores by 2025. In 2022, Aldi store in the UK reported that the sales of vegetable food in January of the year were 500% higher than that in January 2021 due to the annual vegetarian January challenge. In September 2022, it was confirmed that Aldi had surpassed Morrison to become the fourth largest supermarket in the UK, with a market share of 9.3%. In September 2023, Aldi opened its 1000th store in the UK and shared its plan to open another 500 stores as a long-term goal. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

Aldi entered the Irish market in 1999. In March 2022, its 150th store in Ireland will open in Cahersiveen (County Kerry). The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/aldi.html

Aldi opened its first Australian store in Sydney in 2001 and has grown rapidly since then, maintaining 12.6% market share by the beginning of 2016. As of August 2019, Aldi has 540 stores in Australia; In 2018, Aldi accounted for about 11% of the Australian grocery market, with sales of AUD9.2 billion. Alti opened 26 new stores in 2018, but Tom Daunt, CEO of Alti Australia, predicted that "the growth of stores will slow down in the future".

In 2001, Aldi Limited (New Zealand) was established.

Aldi S ü d entered the United States in the name of Aldi, and its business has spread throughout the eastern and central western parts of the United States. Aldi S ü d announced its expansion plan in 2015 and entered the Southern California market. It is also the headquarters of Trader Joe's under Aldi Nord. According to the report in August 2019, the company is investing US $3.4 billion to expand its stores in the United States to 2500 by the end of 2022; It also invested an additional $1.6 billion to renovate its 1300 stores in the United States. As of February 2020, Aldi has more than 1900 stores in 36 states of the United States. In areas covered by 95% of stores in the United States, groceries ordered online can be delivered home; This service is associated with Instacart Jointly provided.

Aldi S ü d opened the first 10 stores in Italy on March 1, 2018. In the first year of opening, 51 outlets were opened. As of October 2019, there are 66 stores in northern Italy. At that time, the company planned to open 80 new stores in the country and a distribution center in Landriano.

In mid 2019, Aldi S ü d opened two small high-end stores in Shanghai. At the end of 2019, two more opened. This is the first of a hundred such sites planned by the city. The company said that "the focus is on fresh agricultural products and ready to eat food".

In December 2020, Aldi purchased 545 supermarkets, 3 warehouses and 2 other Casino supermarkets of French Leader Price from Casino Group for 717 million euros. This transaction is Ardi's pursuit in France Liddell Part of the plan.

In February 2021, Aldi said that he planned to open 100 new stores in the United States (Arizona, California, Florida and Northeast China) in 2021.

In January 2022, Aldi launched the Shop&Go concept in Greenwich, London.

On December 9, 2022, Aldi Nord issued a press release saying that Aldi would quit Denmark after 45 years of operation in Denmark. 114 of the chain's 188 stores will be taken over by Norwegian competitor Rema 1000. In August 2023, the Danish Competition and Consumer Authority announced its approval of the acquisition of Rema 1000.

Geographical distribution

Trader Joe's

Trader Joe's Company， Joe's Supermarket, also known as Uncle Chude by local Chinese, is a local chain grocery store headquartered in Monrovia, California, USA. Joe's Supermarket was acquired by Theo Albrecht, the owner of Orozi Supermarket Chain Group in 1979, and was held by his family descendants after his death in 2010. As of October 31, 2023, Trader Joe's has 564 stores in 42 states of the United States, and the number of stores is increasing regularly. California has the most stores, with 193 stores. The average area of most sites ranges from 10000 to 15000 square feet (1400 square meters).

In the 2020s, Trader Joe's was accused of cracking down on trade unions because of the unionization efforts of its store employees. The first unionized Trader Joe's store will appear in 2022. In 2024, Trader Joe's and Elon Musk (via SpaceX ）He participated in a high-profile lawsuit to claim that the National Labor Relations Board, which is responsible for implementing the U.S. labor law related to collective bargaining and unfair labor practices, is unconstitutional.

Winn Dixie

Winn ✓ Dixie Stores, Inc. (Winn ✓ Dixie for short) is an American supermarket chain headquartered in Jacksonville, Florida. The company operates more than 546 stores in Louisiana, Mississippi, Alabama, Georgia and Florida. The company has used its current name since 1955, and its roots can be traced back to 1925.

Winn Dixie uses its own brand Chek soft Drinks It is famous for its more than 20 different flavors, low calorie and caffeine free varieties, and it is one of the most comprehensive drinks.

Winn Dixie was formerly a constituent stock of the S&P 500 Index, and since February 18, 1952 New York stock exchange It was listed with the stock code of "WIN", and then filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Law in 2005. The company traded on NASDAQ before being acquired, with the code of "WINN".

• In 1956, Winn Dixie acquired Ketner Milner Stores in North Carolina, H. G. Hill Stores in Louisiana and Mississippi, and King Stores in Georgia.
• In 1967, Winn Dixie acquired the City Markets chain store in the Bahamas, effectively expanding its business to the Caribbean. W-D (Bahamas) Limited operates 12 stores through its domestic subsidiaries. Its competitors include domestic Super Value Food Stores and Grand Union's own Caribbean business. Until 2006, the chain was sold to Bahamian investors.
• In 1976, Winn Dixie acquired Buddies Supermarket chain store located in Fort Worth, Texas, extending the name of Winn Dixie to Texas, Oklahoma and New Mexico.
• In 1995, Winn Dixie acquired Thriftway Food Drug Company in Cincinnati, realizing its expansion. In 2000, it acquired Jitney Jungle.

On March 9, 2012, three months after another supermarket chain BI-LO announced its plan to acquire the company, Winn Dixie (W-D) became a wholly-owned subsidiary of Southern Grocers, and the W-D stock code was deleted from NASDAQ. Southern Grocers announced at the time of acquisition that the merged company would be located in the headquarters of Winn Dixie in Jacksonville.

On August 16, 2023, Southern Grocers reached an agreement to sell 400 Winn Dixie and Harvey's Supermarkets stores to Aldi S ü d, a German supermarket chain. The store will either continue to operate under the Winn Dixie or Harvey's brand or change to ALDI S ü d format. 28 Fresco y Mas stores and 4 independent pharmacies are not included in the agreement with Aldi and will be operated by Fresco Retail Group, LLC.

In March 2024, Aldi completed the acquisition of the parent company of Winn Dixie.

Harvey's

Harvey's is a fast-food chain operating in Canada, with branches in every province except British Columbia. It serves hamburgers, gravy cheese chips, hot dogs, French fries, onion rings and other traditional Canadian fast food. The chain store is owned by Recipe Unlimited (formerly known as Cara Operations). The company opened in 1959 and is one of the restaurants owned and operated by Canadians with the longest history in Canada. It is famous for its grilled hamburgers and its choice of ingredients for customers. As of December 2019, Harvey's had more than 7000 employees and operated 274 restaurants across Canada.

ALDI History Encyclopedia of Orozi Supermarket

Karl and Theo Albrecht's mother opened a small shop in the suburb of Essen, Germany, in 1913. Their father was a miner and later worked as assistant baker. Carl and Theo were born in 1920 and 1922 respectively. Theo Albrecht completed his apprenticeship in his mother's shop, while Karl Albrecht worked in a deli.

Karl Albrecht took over a food store that was formerly run by F. W. Judt and later served in the German army during World War II. In 1945, the brothers took over their mother's business and soon opened another retail store nearby. By 1950, the Albrecht brothers had 13 stores in the Ruhr Valley. By 1960, there were 300 stores in Germany.

In 1960, Albrecht brothers split the company because of a dispute over whether they should sell cigarettes. Carl believes they will attract shoplifters, but his brother Theo doesn't. This led Theo to run Aldi Nord and Carl to run Aldi S ü d. At that time, they owned 300 stores together.

In 1962, they launched the name Aldi, the abbreviation of Albrecht Discont, which is translated into English as "Albrecht Discount". Aldi Nord and Aldi S ü d have been financially and legally independent since 1966. After Theo's son Berthold died, Aldi Nord continued to be controlled by the Albrecht family through their Markus, Lukas and Jakobus foundations, which together held 80.5% of the company's issued capital.

Aldi began its international expansion in 1967, when Aldi S ü d acquired Hofer, an Austrian grocery chain; Aldi Nord opened his first overseas store in the Netherlands in 1973, and then other countries followed suit. In 1976, Aldi S ü d opened its first store in Iowa, USA, and in 1979, Aldi Nord acquired Trader Joe's. After the reunification of Germany and the fall of the Berlin Wall, Aldi experienced rapid expansion. The two brothers retired from the position of CEO in 1993; These companies are controlled by private family foundations: Siepmann Foundation (Aldi S ü d) and Markus, Jakobus and Lukas Foundation (Aldi Nord, Trader Joe's).

On August 16, 2023, Ardinand signed a final agreement to acquire Winn Dixie and Harveys supermarkets, including about 400 stores in Alabama, Florida, Georgia, Louisiana and Mississippi.

In January 2024, Aldi announced plans to eliminate plastic bags from its 2300 American stores. The cloth bag can still be used by customers. The company also said it planned to use natural refrigerants in its US stores by the end of 2035.

On March 7, 2024, Aldi S ü d completed the acquisition of Southern Grocers, and announced that by the end of 2028, it would open 800 new stores in the United States, some of which were Winn Dixie and Harveys stores would be transformed into Aldi mode.

ALDI US Stock Investment of Oroqi Supermarket

Unlisted company ， Company official website 。