Search the web
Welcome, Guest
[Sign Out, My Account]
Hoovers

Thursday, March 5 2015 7:08pm ET - U.S. Markets Closed.
Industry Center
Industry Center > > ALDI Group Company Profile
More On This Industry
· Summary
· News
· Leaders & Laggards
· Company Index
·Industry Browser
Top Industries
·Aerospace/Defense - Major Diversified
·Auto Manufacturers - Major
·Biotechnology
·Business Software & Services
·Chemicals - Major Diversified
·Communication Equipment
·Conglomerates
·Diversified Computer Systems
·Diversified Investments
·Drug Manufacturers - Major
·Electric Utilities
·Food - Major Diversified
·Industrial Metals & Minerals
·Major Airlines
·Major Integrated Oil & Gas
·Money Center Banks
·Property & Casualty Insurance
·Semiconductor - Broad Line
·Telecom Services - Domestic
Complete Industry List...
Need more? Get unbiased, in-depth information on public and private companies worldwide.
  
ALDI Group Company Profile
ALDI keeps it cheap so shoppers can, too. How has discount food retailer ALDI Group become one of the world's biggest grocery chains, running more than 10,000 stores worldwide? By offering deeply discounted prices on some 2,000 popular food items (a typical grocery store has 45,000). ALDI (short for "Albrecht Discounts") buys inexpensive land mostly on city outskirts, builds simple warehouses, employs a modest staff, and carries mostly (95%) private-label items, displaying them on pallets rather than shelves. ALDI has nearly 1,300 stores in 30-plus US states, but Germany (where ALDI has about 4,300 stores) accounts for about two-thirds of sales. ALDI was co-founded by the late Karl and Theo Albrecht.
Headlines for ALDI Group
Waitrose voted best UK supermarket
- Wed Feb 18
Morrisons finance chief to fill gap as CEO leaves early
- Thu Feb 12
Tesco could axe 10,000 jobs: report
- Sun Feb 15
Asda says rivals' use of discount vouchers unsustainable
- Thu Feb 19
UK's Asda says rivals' use of discount vouchers unsustainable
- Thu Feb 19
Britain's Tesco picks new chairman
- Tue Feb 17
Britain's Tesco could axe 10,000 jobs: report
- Sun Feb 15
Ex-Tesco man is new Morrisons chief
- Wed Feb 25
Poundland To Spend £55m On 99p Stores Buyout
- Fri Feb 6
Contact Information
Address: Eckenbergstrasse 16
45307 Essen, Germany
Phone:+49-201-8593-0
Fax:+49-201-8593-319
Financial Highlights
Fiscal Year End:December
Key People
VP Purchasing: Joan Kavanaugh
Industry Information
Sector:
Industry:
Top Competitors
Lidl Dienstleistung GmbH & Co. KG
METRO AG
Wal-Mart Stores, Inc. (wmt)
 


Copyright © 2015 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Industry information © 2015 Morningstar, Inc. All Rights Reserved. Company information © 2015 Capital IQ All Rights Reserved. Quotes and other information supplied by independent providers identified on the Yahoo Finance partner page. S&P 500 index provided by Comstock. All rights reserved. Top-Ranked Analyst information © 1999-2015, StarMine Corp. All rights reserved. Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Capital IQ, Morningstar, CSI and exchanges) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Yahoo site, a user agrees not to redistribute the information found therein.

Questions or Comments?