Theo Albrecht, the secretive co-founder of Germany’s worldwide discount supermarket chain Aldi, a co-owner of Trader Joe’s in the United States and one of Europe’s richest men, has died at age 88. The ...

The Aldi-Sued logo is displayed on the discounter's facade. Andreas Arnold/dpa German police have discovered long-lost documents related to the 1971 kidnapping of Aldi co-founder Theo Albrecht, ...

FRANKFURT, July 28 (Reuters) - Theo Albrecht, a reclusive billionaire who made his fortune building up one of Germany's largest retail empires, has died at the age of 88. Albrecht, an irrepressibly ...

Theo Albrecht, 88, a reclusive German billionaire who made his fortune building a discount-food business empire in Europe before buying and expanding the Trader Joe's grocery chain in the United ...

This week was a notable one for supermarket expansion in the area as Trader Joe's announced a new location in Sugar Land and Aldi declared it would be adding another 800 new stores over the next five ...

Aldi, the grocery giant known for its super-discounted prices, has a surprisingly complicated history behind it. Aldi — short for Albrecht Discount — was first opened in Essen, Germany, by Anna ...

If you're reading a discussion of Aldi and Trader Joe's on the internet, chances are good someone will pipe up and say, "They're the same thing." While that's not true at all, they do have an ...

The man considered one of the fathers of the discount store strategy — a cofounder of the global Aldi supermarket chain and the developer of Trader Joe's in the U.S. — has died. He was 88. Theo ...

FRANKFURT, July 28 (Reuters) - Theo Albrecht, co-founder of one of Germany's largest retail empires, Aldi, has died at the age of 88. The media-shy billionaire, ranked by Forbes as the country's ...