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Karl Hans Albrecht (German: [ˈalbʁɛçt]; 20 February 1920 – 16 July 2014) was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was the richest person in Germany for many years.
Theo and Karl Albrecht split the Aldi Company they founded in 1960 after a dispute about whether to sell cigarettes. The supermarket divided into two legally separate operating units with two distinct geographical locations.
Sep 10, 2019 · In 1960, Karl and Theo amicably split Aldi in half after a disagreement about whether to sell cigarettes — Theo wanted to sell them, but Karl thought they would attract shoplifters.
Dec 18, 2020 · Learn how Karl and Theo Albrecht, two German brothers, transformed a small grocery store into a global supermarket chain. Discover their humble beginnings, their wartime experiences, and their business strategies that made Aldi a success.
Theo Albrecht und sein älterer Bruder Karl (1920–2014) wuchsen im damaligen Essener Arbeiterviertel Schonnebeck auf. Sein Vater Karl Albrecht senior (1886–1943) war gelernter Bäcker und machte sich 1913 als Brothändler mit einem Laden in der Huesstraße 87 selbstständig.
May 14, 2019 · German brothers Theo and Karl Albrecht turned their family's local grocery store into a global chain with over 10,000 stores and billions in revenue — that bought Trader Joe's.
Jul 29, 2010 · FRANKFURT — Theo Albrecht, who with his brother Karl used lessons learned in the lean years of postwar Germany to build an international grocery empire, died Saturday in Essen, Germany. He...
