Monday, June 12, 2017
Aldi fires $3.4 billion shot in U.S. supermarket wars
German grocery chain Aldi Inc said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising the stakes for rivals caught in a price war.
Aldi operates 1,600 U.S. stores and earlier this year said it would add another 400 by the end of 2018 and spend $1.6 billion to remodel 1,300 of them.. . .
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