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Wegmans vs Aldi

Created: June 06, 2015, Updated: June 06, 2015, Owner: claim ownershipPut your name here Comments (0)
 

Wegmans

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Aldi

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Wegmans Food Markets, Inc. is a family-owned U.S. regional supermarket chain headquartered in Gates, New York, near Rochester. Wegmans has 85 stores in the mid-Atlantic and New England regions, in New York, Pennsylvania, New Jersey, Maryland, Massachusetts, and Virginia. Founded in 1916 in Rochester, Wegmans has appeared on Fortune's annual "100 Best Companies to Work For" list since the list first appeared in 1998, and has ranked among the top 10 for eight consecutive years. Food Network recognized it with its award for Best Grocery Store in 2007, and Consumer Reports ranked it the top large U.S. grocery chain in 2012 and in 2014. It was also profiled as part of "Here Are The Jobs" segment on MSNBC's PoliticsNation on July 6, 2012. –Editor's choicemore
Aldi (stylized as ALDI) is a leading global discount supermarket chain with over 9,000 stores in 18 countries, and an estimated turnover of more than €50bn. Based in Germany, the chain was founded by brothers Karl and Theo Albrecht in 1946 when they took over their father's store in Essen which had been in operation since 1913; it is one of the world's largest privately owned companies. The brothers built up a chain of stores until, by 1960, they owned 300 shops, and split the operation into two separate groups, that later became Aldi Nord, headquartered in Essen; and Aldi Süd, headquartered in Mülheim an der Ruhr. The two operate independently, each within specific areas. In 1962 they introduced the name ALDI (a syllabic abbreviation for Albrecht Diskont), which is pronounced [ˈaldiː] ( listen) in German. Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear (as if they were a single enterprise) with certain house brands or when negotiating with contractor companies. The formal business name is Aldi Einkauf GmbH & Compagnie, oHG. –Editor's choicemore
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TypePrivate, Family businessPrivate
IndustryGroceryRetail
FoundedRochester New York (1916 (1916))1946 (split in two parts in 1960, renamed to ALDI Nord and ALDI Süd in 1962)
FounderJohn Wegman, Walter WegmanKarl and Theo Albrecht
HeadquartersRochester, New York, U.S.Essen, Germany (Aldi Nord), Mülheim an der Ruhr, Germany (Aldi Süd)
Number of locations85 stores (2014)9,600
Area servedMid-Atlantic states, New EnglandEurope, United States, Australia
Key peopleDanny Wegman, Chairman and CEO, Colleen Wegman, PresidentMatthew Barnes (CEO, UK Operations)
Revenue $7 billion (2013) 53 billion (2009)
Websitewww.wegmans.comaldi.com
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