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Jul 23, 2014 · For the Albrecht family and Aldi, the demise of the discount empire’s last surviving founder marks the end of an era that began in the very early days of West Germany’s post-war...
- Tony Paterson
In 1994, Karl Albrecht removed himself from the daily operations of Aldi Süd and took the position of chairman of the board until 2002. At the beginning of 2002, he also relinquished this position, thereby completely ceding control of the firm.
Dec 18, 2020 · Aldi changed in 1961, and it changed because of the same reason many families change: a dispute between brothers. According to The Guardian, it all came down to whether or not they were going to sell cigarettes. Theo was in favor of adding them to Aldi's shelves, but Karl was 100 percent against it.
Jul 28, 2014 · Karl Albrecht left behind a fortune estimated at between €18 and €20 billion. Applying the Aldi principles to managing his wealth, he set up the tax-saving Siepmann Foundation in 1973.
- Derek Scally
Apr 28, 2019 · But as shoppers' love affair with Aldi grows ever greater, the story behind the birth and rise of everyone's favourite German discount grocery chain - which first appeared on these shores in ...
- Nathan Bevan
Apr 4, 2019 · Karl and his family took control of Aldi Sud, the arm of the business operating in southern Germany, the UK, Australia and Ireland and which trades under the Aldi name in the US.
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May 4, 2019 · The weird and wonderful world of Aldi shopping. The rise of the German-based supermarket has been almost stratospheric in recent years - becoming one of the most popular supermarkets in the UK....
