"California-based Trader Joe's and its 608 U.S. stores (per ScrapeHero) are a subsidiary of German chain Aldi Nord, the sibling company of Aldi Süd, which Americans know simply as Aldi, the home of such fan-favorite house brands as Mama Cozzi's pizzas, Clancy's snacks, and Winking Owl wine. Aldi Nord purchased like-minded, low-cost grocery chain Trader Joe's in 1979 as a way of entering the American market where Aldi Süd had already established itself a few years earlier when it opened its first store in Iowa."
"Aldi was originally founded as a suburban German corner store which brothers Karl and Theo Albrecht inherited after World War II. In the economic turmoil of post-war Germany, the brothers worked to cut down waste by only selling staples at low prices and were quickly able to expand their store into a chain. By 1955 they had 100 stores, but in the 1960s, the brothers split the business into two (Aldi Nord and Aldi Süd) after disagreeing about selling cigarettes."
Trader Joe's operates 608 U.S. stores as a subsidiary of German chain Aldi Nord. Aldi Nord and Aldi Süd are sibling companies that split the original Aldi business in the 1960s after a disagreement. Aldi Nord purchased Trader Joe's in 1979 to enter the American market. Aldi Süd had already established Aldi stores in the U.S. earlier. Both Aldi-branded stores and Trader Joe's emphasize low-cost, private-label products and have developed devoted customer followings for house brands and bargain offerings.
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