Aldi is a German grocery supermarket chain, famous for its low prices. Aldi's history begins in 1946, when two brothers, Theo and Karl Albrecht, took over a small grocery store founded by their mother on the outskirts of Essen, Germany. At that time its name was Albrecht Diskont. The name Aldi was introduced in 1962 as an abbreviation of the original name. In 1966 the Albrecht brothers divided the company into two legally independent companies – Aldi Nord and Aldi Süd. Currently, Aldi has over 4000 stores in 20 countries around the world. The company's total trading turnover for the past financial year was $27 billion.
The focus on efficiency and low prices remain the main feature of Aldi today, which explains the low markup – only 12%. The area of each store does not exceed 1000 square meters, and the staff consists of three to four people. Aldi offers their customers a wide range of goods in its stores. These include food, various household items, electronics, computers, public transport tickets and much more. Most of them are sold under the Aldi brand. The company's strategy is focused on the sale of the most popular food products (bread, canned food, packaged meat, etc.) and this allowed Aldi to maximize the amount of sales. The main principles of every Aldi store are simplicity and efficiency.
Currently, the grocery supermarket chain operates stores in 20 countries all over the world and continues to make plans to achieve world domination. Despite fierce competition, Aldi remains among the largest companies in the industry. As for Aldi's operating hours, the majority of Aldi stores operate Monday through Sunday, opening at 8:30 or 9 AM and closing between 7 and 9 PM. Using our store locator above, you'll find all important information including exact store address and hours of operation.
