Lidl and Aldi’s cosmetically defective products are highly salable
While retail chains are strengthening their own-brand product range, there is also a high demand for products with cosmetic defects. At Lidl and Aldi, damaged but whole fruit and vegetables are a hot sell, resulting in a five-fold increase in turnover at Aldi and Lidl in just a few months in the UK.
Food inflation in the United Kingdom is 13.9 percent in one year, which is the highest value since Kantar’s measurements began 14 years ago. However, despite the dynamic rise in prices, residential food sales increased according to the market researcher: for example, by 4.8 percent in the 12 weeks until the second of October, writes Napi.
According to the researchers, the success of wonky vegan products is understandable, as customers are looking for ways to get cheaper products. These unsightly, but full-value vegetables and fruits are cheaper than the more attractive ones, and by selling them at a discount, the stores also reduce the amount of food waste.
As a result, the turnover of the two German discount chains has skyrocketed in the last five months. The former achieved a turnover increase of 20.7 percent in the mentioned period, and its market share increased from 8 percent to 9.3 percent. The latter advanced even more, so it was the largest growing food store chain in the United Kingdom during this time: with an expansion of 20.9 percent, its share of the market jumped from 6 to 7.1 percent.
Related news
Lidl has published its 3rd sustainability report
Lidl Hungary’s sustainability report for the 2022/2023 business years has…
Read more >TikTok conqueror: Dubai chocolate craze at Lidl
As the Christmas holidays approach, there is an increasing demand…
Read more >Lidl offers many products cheaper than last year
Lidl Hungary offered more than 600 products cheaper in November…
Read more >Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >