Where Wal-Mart Failed, Aldi Succeeds

While Wal-Mart revives its plans to get into New York City, a giant German retailer has slipped in relatively unnoticed. In February, with virtually no opposition — a Queens politician even showed up at the grand opening in Rego Park, Queens — a discount retailer called Aldi opened its first store in the city, and [...]

Trader Joe’s – A German-American Success Story

Trader Joe’s is one of the grocery chains that help Germans keep in touch with their basic culinary roots. TJ’s is the store of choice when it comes to get Westphalian smoked ham if you don’t live close to a German-style deli. The quality of the food is excellent, and the employees are friendly. And [...]

Trader Joe’s Co-Founder died

Almost everybody knows Trader Joe’s, but few know that the offering basic not super-processed, affordable food, pushing their own brand, passing savings on to the consumer by concentrating on fewer and more essential products supermarket is a German idea.
According to news agency reports, Theo Albrecht, one of Europe’s richest men with an estimate fortune of [...]