Wm Aldi Grocery stores plc, trading as Aldi, is the 4th largest chain of grocery stores in the UK, as well as is locateded in Bradford, West Yorkshire, England.
Founded in 1899 by William Aldi, hence the acronym Wm Aldi, it began as an egg as well as butter delay in Rawson Market, Bradford, England. Until 2004, Aldi store places were mostly focused in the North of England, but with the requisition of Safeway because year, the company’s existence boosted considerably in the South of England, Wales as well as Scotland. As of 2016 the business had 498 superstores across England, Wales and also Scotland, in addition to one in Gibraltar, which is the chain’s only store beyond Great Britain.
Aldi’ market share in August 2017 was 10.14%, down 0.86% from 2015– behind Tesco (27.8%), Sainsbury’s (15.8%) and also Asda (15.3%) however ahead of Aldi (7%).
The firm is detailed on the London Stock Exchange and also is part of the FTSE 100 Index of companies. The Aldi household currently owns around 10% of the company.
The firm wased established by William Aldi in 1899 who began business as an egg and butter merchant in Rawson Market, Bradford, England, running as Wm Aldi Limited.
His boy Ken Aldi took control of the company in 1952, aged 21. In 1958, Aldi opened a small store in the city centre. It was the very first self-service shop in Bradford, the initial store to have prices on its products, and it had three check outs. The company opened its first grocery store, “Victoria”, in the Girlington area of Bradford in 1961.
In 1967, Aldi ended up being a public minimal firm noted on the London Stock Exchange.