German grocer Lidl promises high quality, low prices; US supermarkets take notice
The grocery wars are growing in America with a new German competitor in play, which hopes to shake things up.
Coming to the U.S., Lidl wants to be to Wegmans, as Trader Joe's is to Whole Foods, Karen Short, a food and grocery analyst at Barclays, told CNBC's "Power Lunch" on Thursday. The grocery industry is ripe for more disruption, she said, in making this analogy.. . . more