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☆ Aldi’s ‘aisle of shame’ is a middle row of goodies that have nothing to do with groceries. Shoppers are huge fans of it
▼ + stars: | 2024-04-19 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

Inside every Aldi store is a single aisle of merchandise that mostly has nothing to do with groceries. The Wednesday rush can often be pinned on die-hard Aldi shoppers, 3 million of whom are members of the very active Aldi Aisle of Shame Facebook page and frequently post about their latest aisle of shame hauls. They know it’s Aldi,” Pratt said. The German Supermarket acquired Winn-Dixie, Harveys Supermarkets and other grocery stores in the Southeast in an attempt to increase its presence in the region. That’s where this aisle of shame fits in and helps Aldi offer its low prices overall.”

Persons: New York CNN — Caitlyn Pratt, Pratt, Aldi’s, who’s, ” Pratt, she’s, “, Caitlyn Pratt, Caitlyn Pratt Pratt, ”, I’ve, Britney Henderson, Britney Henderson Britney Henderson, “ I’m, ” Henderson, Aldi, John Clear, Alvarez, Clear, Jason Hart, Brandon Bell Organizations: New, New York CNN, Walmart, Aldi, CNN, ALDI, Morning, Target, Costco, German Supermarket, Harveys, Products Locations: New York, Heavener , Oklahoma, Arkansas, Iowa, Atlanta , Georgia, It’s, Pflugerville , Texas, Winn

☆ Kroger and Albertsons sell 400 stores to Piggly Wiggly’s parent company
▼ + stars: | 2023-09-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Kroger and Albertsons are selling roughly 400 stores to Piggly Wiggly’s parent company in an attempt to win antitrust approval for the mega merger between the grocery stores. C&S, a privately held company, operates 500 grocery stores under the Piggly Wiggly and Grand Union banners and is also a major grocery wholesaler. On Friday, Kroger reported $33.85 billion in revenue for the second quarter, slightly under analyst estimates of $34.63 billion. Company executives said part of the quarterly loss related to economic headwinds, organized retail theft and opioid settlement payments. The largest to date is a $26 billion settlement involving several companies that began paying out last year and continues for 18 years.

Persons: New York CNN —, ” Kroger, ”, Mark McGowan, Kroger Organizations: New, New York CNN, New York CNN — Kroger, Albertsons, S Wholesale Grocers, Union, Walmart, Costco, Aldi, ., Kroger Locations: New York, Arizona , California, Colorado, Wyoming, Amazon, Aldi, Dixie, ” State

☆ Aldi to Buy 400 Winn-Dixie and Harveys Supermarket Stores
▼ + stars: | 2023-08-17 | by ( Amanda Holpuch | More About Amanda Holpuch | ) www.nytimes.com time to read: 1 min

The German supermarket chain Aldi is acquiring hundreds of Winn-Dixie and Harveys Supermarket stores in the southeastern United States, the company announced on Wednesday. Aldi said the deal included about 400 grocery stores in Alabama, Florida, Georgia, Louisiana and Mississippi. Some of the locations will be converted into Aldi stores, while the others will remain operating under their current brands. Aldi, a discount retailer, opened its first stores in the United States in 1976. The chief executive of Aldi USA, Jason Hart, said in a statement that the company hoped to keep growing in the United States and that it aimed to add 120 new stores in the country this year.

Persons: Aldi, Jason Hart Organizations: Aldi, Dixie, Harveys, Aldi USA Locations: Winn, United States, Alabama , Florida, Georgia, Louisiana, Mississippi

☆ Premarket stocks: How China's economic turmoil could hurt your portfolio
▼ + stars: | 2023-08-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Why it matters: “For most of the last two decades, China’s economic growth has been a major driver of the global economy,” said Alex Etra, a strategist at data analytics firm Exante. That means that if China’s economy slows down, global economic growth slows down. ExxonMobil (XOM) may not be doing too much business with China, said Etra, but if Chinese growth slows, that means oil prices go down. Earlier this year, Bank of America compiled a list of the S&P 500 companies with the highest exposure to China. The grand total of all the private wealth in the world fell 2.4% to $454.4 trillion last year, according to the annual Credit Suisse and UBS global wealth report.

Persons: Joe Biden, BlackRock, ”, Alex Etra, Michael Burry’s, Allison Morrow, That’s, Jason Hart, Winn, ” Hart, “, Ramishah Maruf Organizations: CNN Business, Bell, New York CNN, country’s National Bureau of Statistics, ExxonMobil, Apple, Intel, Starbucks, Nike, Bank of America, Las, Qualcomm, Nvidia, Wynn Resorts, WYNN, MGM Resorts, MGM, Funds, PitchBook, Michael Burry’s Scion Asset Management, Moore Capital Management, D1 Capital, Tiger Global, Securities, Exchange, Credit Suisse, UBS, Millionaires, Aldi, Dixie, Winn, CNN Locations: New York, Beijing, China, Ukraine, United States, Aldi, Winn

☆ Aldi is buying 400 Winn-Dixie and Harveys supermarkets
▼ + stars: | 2023-08-16 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —Grocery shoppers in the Southeast can expect to see more Aldi stores starting 2024. Some of the nearly 400 Winn-Dixie locations Aldi is acquiring will keep the familiar red-and-white Winn-Dixie branding and traditional store layout, but many will convert to Aldi’s brand and bare-bones store format. The acquisition – which includes Harveys Supermarket – will add locations across Alabama, Florida, Georgia, Louisiana and Mississippi to Aldi’s portfolio. Winn-Dixie and Harveys Supermarket had long been staples in the Southeast region. Aldi has not disclosed how many of the Winn-Dixie and Harveys stores it plans on converting, or how much the deal cost.

Persons: Winn, Jason Hart, Aldi, Dixie, Neil Saunders, ” Saunders, ” Hart, Kroger, it’s, Phil Lempert, Lampert, “ that’s, ” Lempert, “, ” Lampert, Saunders Organizations: New, New York CNN, Aldi, Winn, Dixie, Harveys, Southeastern Grocers, Fresco Retail, Albertsons, Publix, Sunshine State Locations: New York, Alabama , Florida, Georgia, Louisiana, Mississippi, Florida, United States, Southeast, “, Aldi, Winn, Sunshine

☆ A German grocery store charged customers the 'true price' of their food, and one cheese was almost twice as expensive
▼ + stars: | 2023-08-11 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

German supermarket Penny raised prices on meats and cheeses to reflect their "true cost" last week. By contrast, one brand of vegan schnitzel only rose 5%, suggesting some vegan products have minimal long-term environmental and health costs. Despite Germany's recent drop in inflation, food prices still remain 11% higher this month compared to 12 months ago. The company temporarily hiked some prices to comment on how food prices are not fully indicative of broader long-term environmental and health costs. "We know that many of our customers are suffering from today's unrelentingly high food prices," Stefan Görgens, the COO at Penny, said in a statement.

Persons: Penny, Mühlenhof wiener, Stefan Görgens Organizations: Service, US Department of Agriculture, Nuremberg Institute of Technology, University of Greifswald, Aldi Locations: Wall, Silicon, Germany

But their cheap food, often produced on an industrial scale, has a high environmental price. German agriculture was responsible for 55.5 million metric tonnes of greenhouse emissions last year, roughly 7.4% of the country's emissions. During the "true cost" campaign, which runs until Saturday, customers at Penny's 2,150 branches, will be charged a price for nine products, from yoghurt to sausages and vegan schnitzel, that includes climate, health, soil and water costs. According to figures provided by Penny, organic products had environmental costs of an average of 1.15 euros, while non-organic products that relied on chemicals had an average environmental cost of 1.57 euros. It is unclear, however, whether consumers are prepared to pay more to reduce their environmental impact.

Persons: Read, Penny, Stefan Goergens, Goergens, Holger Meckel, I'm, Riham, Barbara Lewis Organizations: European Union, Reuters, Germany's Greens, Technical University of Nuremberg, University of Greifswald, Thomson Locations: Europe, BERLIN, Spain, Italy, Germany, Frankfurt, Penny's

☆ UK grocery price inflation hits record high as more stores impose rationing
▼ + stars: | 2023-02-28 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —A measure of UK grocery price inflation soared to a record high this month — that’s more bad news for consumers already facing a shortage of fruit and vegetables that has led to rationing at major supermarkets. “Our latest research shows that grocery price inflation is the second most important financial issue for the public behind energy costs, with two-thirds of people concerned by food and drink prices,” McKevitt said. Mark Spencer, the UK food and farming minister, held crisis talks with supermarket bosses on Monday to discuss their response to the shortages. UK growers were not harvesting tomatoes, peppers and eggplants at this time of year, as is usually the case, because high energy costs this winter had delayed planting, said Lee Stiles, LGVA secretary. UK apple farmers normally buy at least one million apple trees each winter for planting.

☆ World Cup advertisers are operating in a minefield
▼ + stars: | 2022-11-22 | by ( Julia Horowitz | ) edition.cnn.com time to read: +5 min

London CNN Business —Billions of people watch FIFA’s World Cup every four years, a tantalizing opportunity for advertisers who want to capitalize on the feel-good fervor of the world’s biggest sporting event. In 2018, the World Cup drew in a record 3.6 billion viewers. Given such high levels of engagement, companies are eager to capitalize on the hype and spirit of camaraderie attached to the World Cup. “A Euros or a World Cup for four weeks in the middle of the summer — it’s literally like an island in the middle of the ocean,” ITV sales director Mark Trindler said on an industry podcast this past spring. It had already beaten revenue records for the tournament, and succeeded in bringing more than 20 new advertisers on board.

☆ Gummy bear maker Haribo rewarded a man who found the company's lost $4.8 million check with candy. The man said the reward 'was a bit cheap.'
▼ + stars: | 2022-11-16 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

A man in Germany found a lost check for $4.8 million made out to gummy bear maker Haribo. In return, he received a thank you gift box containing candies, which Anouar G. thought was "a bit cheap." "There was such a large sum on it that I couldn't even pronounce it," Anouar G. told the German media outlet. "I thought that was a bit cheap," Anouar G. told the newspaper. The confectioner added it sent Anouar G. its standard thank-you package.

☆ Lidl, Hugo Boss, and other European retailers switch off illuminated logos, keep doors closed, and cut heating as the energy crisis takes its toll
▼ + stars: | 2022-10-07 | by ( Kate Duffy | ) www.businessinsider.com time to read: +4 min

Lidl, Hugo Boss, Aldi, and other retailers told Insider what they've done in stores to save power. Switching off illuminated logos for 18 hours and keeping doors shut are just some of the plans. Many retailers, including supermarkets and clothes outlets, use large amounts of energy with their lighting inside and outside, illuminated advertising, heating, and air conditioning. "We do take the current situation very seriously," a spokesperson from Aldi Süd, the German grocery store tied with Aldi Nord, told Insider. "Examples of initiatives we are taking to improve energy efficiency include switching to LED lighting, upgrading building management systems, improving insulation and using energy recovery from heating and cooling," an Ingka spokesperson told Insider.

A German supermarket's job advert for people who aren't " completely screwed up" has gone viral. It asked for workers that "can tell the time," and aren't "completely screwed up." A job advert posted to work at a supermarket in Germany, which asked for workers that aren't "completely screwed up" and "can work five days a week without immediately suffering from burnout" went viral. The job advert. He said that job adverts in print really have to stand out, adding that the Edeka advert achieved that.

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