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☆ How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffs
▼ + stars: | 2022-10-12 | by ( Katie Schoolov | ) www.cnbc.com time to read: +10 min

Peak Design CEO Peter Dering compares his company's Everyday Sling Bag to the Amazon private label version at his San Francisco headquarters on September 6, 2022. A selection of some of Amazon's 118+ private label brands as of October, 2022. Then there are specialty firms that only do private labels, and some store brands have their own devoted manufacturing facilities. By comparison, private labels make up a whopping 77% of Aldi's sales, followed by Trader Joe's at 59% and Wegmans at 49%. A variety of Amazon's private label goods are shown on September 29, 2022.

☆ Aldi UK's trading accelerates as shoppers seek savings
▼ + stars: | 2022-09-26 | by ( James Davey | ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterAn Aldi superstore is seen in London, Britain, September 29, 2018. Privately owned Aldi (ALDIEI.UL), which earlier this month overtook Morrisons to become Britain's fourth-biggest supermarket group, said operating profit fell to 60.2 million pounds ($63.8 million) in 2021 from 287.7 million pounds in 2020. The profit fall was blamed on investment to keep prices low, higher staff costs and COVID-19 related expenses. read moreHurley said the cost of living crisis is a time "when Aldi comes into its own". ($1 = 0.9433 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey; Editing by Jason Neely and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

☆ Aldi UK says trading strong after 2021 profit fall
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterAn Aldi superstore is seen in London, Britain, September 29, 2018. REUTERS/Peter Nicholls/LONDON, Sept 26 (Reuters) - The British arm of German discounter Aldi reported a 79% fall in 2021 operating profit but said trading had accelerated quickly in the past six months as pandemic restrictions were lifted and rising living costs affected shopping habits. Aldi (ALDIEI.UL), which earlier this month overtook Morrisons to become Britain's fourth-biggest supermarket group, said operating profit was 60.2 million pounds ($63.8 million) in 2021, down from 287.7 million pounds in 2020. The profit fall was blamed on investment in prices, staff and COVID-19 related expenses. read more($1 = 0.9433 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey, editing by Louise Heavens and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ I visited Aldi and Lidl's stores and spotted the strategies they use to save shoppers money, from mimicking big-name brands to selling products straight out of crates
▼ + stars: | 2022-09-25 | by ( Grace Dean | ) www.businessinsider.com time to read: 1 min

While Aldi and Lidl both sell some big-name brands, they mainly sell own-label products. Some of their products appear to be based closely on popular brands, and in many cases were displayed right next to them but sold for much lower prices. Younger shoppers are increasingly brand-agnostic, and inflation is pushing more customers to trade down. Coffee sachets made by Nescafé that cost £1.69 ($1.96) were next to Aldi's own-label equivalent Alcafé that cost £0.95 ($0.98). Their boxes look very similar at first glance, and the shelf labels described them both as "frothy coffee sachets."

☆ Aldi says sales are booming amid inflation as even wealthier shoppers trade down
▼ + stars: | 2022-09-22 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Aldi says its US sales are rising as inflation-strapped shoppers turn to budget stores, Reuters reported. Aldi is known for its low prices, which are possible because of the range of unusual cost-cutting measures it deploys. Patton said that one million new customers have started shopping at Aldi over the past year, including a rise in middle- and high-income shoppers. Some products, including eggs, butter, and cooking oil, have been much harder hit than others. Customers are trading down by switching to grocery-store private labels — both because of inflation and because shoppers are increasingly brand agnostic.

☆ Aldi's U.S. sales rise as shoppers seek cheaper groceries
▼ + stars: | 2022-09-21 | by ( Siddharth Cavale | ) www.reuters.com time to read: +2 min

REUTERS/Peter Nicholls/File PhotoSept 21 (Reuters) - Aldi's U.S. arm said on Wednesday that same-store sales in the country rose in the double digits over the last 12 months as rampant inflation pushed consumers to find cheaper deals on groceries. The German-owned discount supermarket chain's U.S. stores sales growth over the past year was driven by 1 million new customers, Scott Patton, Aldi's vice president of National Buying, told a media event. Aldi has seenan increase in middle- and high-income shoppers as well, said Patton, referring to households making $50k-100k per year as middle income. Register now for FREE unlimited access to Reuters.com RegisterDiscount stores such as Aldi and Dollar General Corp tend to perform well during economic turmoils as cash-strapped consumers seek cheaper alternatives. Dollar General lifted its annual comparable sales forecast last month, encouraged by consumers flocking to its stores for everything from groceries to household supplies.

☆ Aldi says sales are booming as wealthier customers search for cheaper groceries. Here's what it's like to shop there.
▼ + stars: | 2022-02-19 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: 1 min

Though they look the same, Aldi's mac and cheese it about a third of the price at 34 cents per box compared to 98 cents for the same size of Kraft at Walmart. Mary Meisenzahl/Insider

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