Aldi stock market

Aldi stock market

Posted: artcreate Date of post: 19.06.2017

Aldi operates 1, U. German rival Lidl will open the first of its U. In May, Lidl said it would price products up to 50 percent lower than rivals. Wal-Mart Stores , the largest U. The furious pace of expansion by Aldi and Lidl is likely to further disrupt the U. The two chains are also upending established UK grocers like Tesco and Wal-Mart's U. In May, Aldi Chief Executive Jason Hart told Reuters the chain intended to have prices at least 21 percent lower than rivals and would focus on adding in-house brands to win over price-sensitive customers.

Shopping at ALDI

Hart added that Aldi's prices were also up to 50 percent lower than traditional grocery chains, a move that appeared to follow rival Lidl's announcement on prices.

The latest store expansion will create 25, U. Aldi's 2, stores would equal about 53 percent of Wal-Mart's U.

How to Buy Shares in Aldi; How to Buy Shares in Lidl ()

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Exclusive: Aldi raises stakes in U.S. price war with Wal-Mart | Reuters

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aldi stock market

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