If you’re anything like me, you’ve probably pushed your ALDI cart (after fishing out a quarter, of course) and thought, “Okay, but what does ALDI even mean?” It’s such a recognizable name, but its meaning isn’t exactly obvious—especially if you’re not fluent in German. Spoiler alert: the name has a pretty cool backstory, and it all started with a pair of brothers and a tiny grocery store.Let’s dig into what ALDI actually stands for and why it perfectly matches the store we know and love today.

ALDI is short for Albrecht Diskont, which translates to “Albrecht Discount” in German. The name comes from the two brothers who founded the chain, Karl and Theo Albrecht. They took over their mom’s small grocery store in Essen, Germany, right after World War II. Times were tough, and people needed access to affordable food, so the Albrecht brothers built their business around the idea of offering quality groceries at low prices.

In 1962, they decided to name their rapidly growing chain “ALDI” by combining their last name (Albrecht) with their focus on discounts (Diskont). It’s a simple name, but it packs a punch—and it’s easy to see why it stuck.

ALDI’s story is just as fascinating as its name. When Karl and Theo took over the family business in 1946, their first move was to simplify operations. They believed in keeping costs low so they could pass the savings on to customers. Things like fancy displays, tons of employee perks, and name-brand products? They were all out.