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Aldi co-founder dies at 94


Aldi co-founder dies at 94

Karl Albrecht, the co-founder of budget supermarket Aldi, has died at the age of 94.

The store was born when Karl and his brother Theo took over their mother’s grocery store in Essen, Germany in 1946.

The name Aldi is derived from Albrecht Discount.

By 1961 Aldi boasted 300 stores.

The two brothers fell out over whether or not to sell cigarettes.

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