Aldi is dynamically increasing its discount network
The German retail giant Aldi is dynamically expanding its discount store network in the United States.
Their aim is to strengthen their position against local rivals Walmart and Publix Super Markets, particularly in the southeastern states of the United States. According to their plans, the number of Aldi stores in the US will increase to 2,700 by acquiring the Southeastern Grocers company, which operates the Winn-Dixie and Harveys supermarket chains. After obtaining the necessary antitrust approvals, the transaction is expected to be completed in the first half of next year. Aldi intends to transform some of the acquired stores into their own brand format, while others will retain their current names and profiles.
In addition to this acquisition, Aldi is also expanding its American network by adding another 120 new stores this year. The company has invested around $2.5 billion in the southeastern region of the US so far.
Related news
Nearly 80% Of Spanish Consumers Believe Own-Brand Quality Has Improved, Aldi Says
Nearly four-fifths (80%) of Spanish consumers believe that the quality…
Read more >Aldi cuts back on wine packaging
The UK subsidiary of budget supermarket Aldi will cease to…
Read more >Consumer confidence in branded products is growing again in Germany
The popularity of private label products has somewhat waned and…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >