A new Aldi grocery store is set to open July 12, in Indian Trail, the retailer's 17th store in the area.
There is a ribbon-cutting and open house (with samples!) Wednesday, July 11, from 10:30 a.m. to 4 p.m. at the store. But the store doesn't officially open for business until 9 a.m. the following day.
Aldi (which is owned by the same company that owns Trader Joe's) has made its name as a low-price, no-frills grocery store. Aldi, like Trader Joe's, has fewer items than a full-size supermarket in stock, but focuses on the most popular, quickest-selling goods.
The chain uses such touches as making people pay a quarter to unlock a shopping carts so that they have to bring the cart back and lock the cart in to get their quarter back (saving the store from assign someone to chase carts in the parking lot).
According to the research firm Chain Store Guide, which tracks store sales, last year Aldi had about 2 percent of the Charlotte region's grocery market. That makes it the region's No. 9 grocery retailer, ranked by market share.
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Aldi and Trader Joe's are owned by members of the same family, but the businesses do not have the same ownership.
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ReplyDeleteMinor point, but Aldi's and Trader Joe's are NOT owned by the same company. Its a common misconception based on the fact that Aldi's US stores are part of a company controlled by Karl Albrecht, a German businessman. TJ's is part of a company controlled by the estate of his late brother, Theo Albrecht. The 2brothers businesses have operated separately since 1960. Theo Albrecht acquired TJ's in 1979.
Your right and wrong; they are under the same umbrella, but not under the same companies. Aldi is actually two companies: Aldi North and Aldi South. Aldi North owns Trader Joes, while Aldi South owns U.S. Aldi. It's a bit complicated because they were founded by the same people and mostly work together, but they are indeed two seperate companies.
ReplyDeleteMy bad, guys. Thanks for the clarification.
ReplyDeleteTrader Joes operates under itself, The family has very little to do with day to day operations, Trader Joes was purchased awhile back. Basically the profits are paid back to the Aldi umbrella annually.
ReplyDeleteTrader Joe's is buying many A&Ps, including all 16 FEs in Manhattan and several SFs in Phila region, including Society Hill and New Hope.
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