Theodor Paul Albrecht, generally known as Theo Albrecht (born March 28, 1922), is a German entrepreneur. He owns the Trader Joe’s specialty grocery store chain and was CEO of Aldi. He and his brother ...

Aldi Nord and its sister company, Aldi Süd, were founded in 1946 by brothers Theo and Karl Albrecht. In 1979, Aldi Nord acquired the Trader Joe’s chain, which operated in southern California at ...

by Anna Albrecht in 1913, before being taken over and expanded by her sons Theo and Karl in 1948. The brothers then divided the chain into Aldi Nord and Aldi Sud, two distinct chains that operate ...