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For the budget grocery store started with humble beginnings when Anna outbreak opens her grocery store Karl Albrecht spritzen and lyricist in stone Brecht a low-income suburb of Essen Germany not long after the end of World War two her son's karna theater closed in her business and transformed it into the first discount store in the world the brothers founded Albrecht kg in 1948 opening four stores from a local area not long after the family as a whole were noted for their thrifty ways obsessed with saving money the air was said to recycle news pencil subs where old warm suits and renounce any form of luxury even after he had made his fortune 50 conscious brothers devised a simple yet super a successful business plan they kept prices rock-bottom by only stocking non-perishable items quickly removing slow sellers from the shelves to avoid paying expensive overheads and to build this business slowly but surely fear Uncle Albert decided to concentrate on developing a chain of small school the compact stores popularity spread through word of mouth the Albert's kept costs down by refusing to pay for advertising by 1950 their own 13 stores and Germany drew belly in 1954 keen to innovate the entrepreneurial bonds made retail history again browsing Germany's first self-service store by 1969 karl albrecht and 300 stores with an annual turnover of 90 million or 18 million pounds at a time they had a massive disagreement though the same year the brothers split the chain into two separate groups after falling out on whether that they should sell cigarettes their head is Albert's dish gone Lord which all cigarettes in the north of Germany while Carl became the CEO of Albert discord thought or the South which did not in 1962 the brothers who were still working together by the disagreement decided to name the group's Aldi Nord and Audi sort taken from the first two letters of Albert's and disco Aldi Nord took over the stores in the north of Germany where I'll decide became responsible distorted herself the water between the two but a nose around the equator and two businesses became financial the two businesses became financially free legally separated in 1966 by this time there were over 200 Audis sub stores in Germany the outer group made its first forays into international waters in 1967 where artists took over Hoffer an Austrian grocery chains Aldi Nord joined when it expanded into Belgium in 1973 in 1971 bill was kidnapped by disgruntled lawyer called Heinz Jochem or Berg as the compass pull Crow and held at gunpoint I Ranson of 7 million 1.4 million pounds at the time was paid and Albert was released after 17 days in captivity as many conscious River he tried to claim the ransom and talks to that school expense possibly as consequence him to kidnap the outbreaks had become extremely secretive about their private lives and Forbes dubs their more reclusive than the.

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