Thursday, March 24, 2016

Look out for falling prices, Wal-Mart: Aldi a growing food market challenger

Image result for aldi near walmart Aldi stores lack the massive size and selection of a Wal-Mart -- they tend to be around one-tenth the size of an average Wal-Mart and carry few national brands. Yet their rapid proliferation and the chain’s ability to offer even lower prices than Wal-Mart are putting pressure on the Bentonville, Arkansas-based discounter. And as Aldi expands aggressively in the United States, it’s becoming just the latest in a long list of problems for Wal-Mart.

“It’s like a thousand cuts,” said Leon Nicholas, a senior vice president at consulting firm Kantar Retail. “They are impacted by Aldi, by Amazon, by the dollar stores -- and all these things add up for Wal-Mart.”. . . more

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