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☆ Why Americans Love Aldi; Food Inflation, Budget, Discount Groceries
▼ + stars: | 2024-11-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +11 min

She usually shopped at Publix, but in 2021, when inflation was sending grocery prices soaring, her curiosity got the better of her. AdvertisementAs grocery prices have jumped by double digits over the past few years, people have felt the sting. So how did a German grocery chain find such a ravenous following in America? For comparison, about 20% of groceries sold in the US last year were store brands, according to the Food Marketing Institute. He expects to see even more Aldi stores opening.

Persons: Julie Herron, Herron, Theo, Karl Albrecht, Aldi, wasn't, Oscar Mayer, Gen Z, Scott Patton, Patton, Joe's, there's, Phil Lempert, She's, Lempert, it's, Dunnhumby, Zak Stambor, I'm, Trump, Jason Hart, they'll, Alex Bitter Organizations: Aldi, Kroger, Foods, Iowa City, Employees, Bank of America, Food Marketing Institute, Aldi USA, Costco, Facebook, Southeastern Grocers, Winn, EMARKETER, Business, Walmart Locations: Nashville, Aldi, Euromonitor, America, Germany, Iowa City , Iowa, Charlotte , North Carolina, Wisconsin, Florida, Washington and Colorado, Illinois

☆ Aldi is the US's fastest-growing grocery chain and more middle-income households are shopping there. Here are the no-frills tactics that help make it so cheap.
▼ + stars: | 2022-12-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +13 min

More middle-income households are shopping there, lured by low prices and Aldi's "treasure hunt" approach. Smaller properties are cheaper to buy and maintain, and Aldi has said that its store layout enables "quick and easy shopping." Monford added that consumers "don't mind" that products aren't taken out of their boxes because they're shopping at Aldi for value. Campbell said the Aldi stores near her generally had just four or five aisles. Vadakkepatt said Aldi's stores have fewer employees and shorter hours than at other chains.

☆ Aldi is the US's fastest-growing grocery chain and more households earning $50-100K are shopping there. Here are the no-frills tactics that help make it so cheap.
▼ + stars: | 2022-10-22 | by ( Grace Dean | ) www.businessinsider.com time to read: +12 min

Aldi is the US's fastest-growing grocer for the third year running, the real-estate firm JLL said. Aldi almost always has the lowest prices for core products like bread, milk, and eggs, Monford said. Monford added that consumers "don't mind" that products aren't taken out of their boxes because they're shopping at Aldi for value. Campbell said the Aldi stores near her generally had just four or five aisles. Vadakkepatt said Aldi's stores have fewer employees and shorter hours than at other chains.

☆ Low-price grocers like Aldi are winning as consumers trade down
▼ + stars: | 2022-10-08 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New York CNN Business —With grocery prices soaring, consumers are changing the way they shop for food. “Inflation is hitting everyone.”More consumers are additionally switching over to store brands, also called “private label,” which are often comparable in quality and lower in price. “I don’t think you can underestimate the strength of all these private label offerings,” said Heather Lalley, editor in chief of Winsight Grocery Business, a trade publication. “Now we’re seeing other retailers trying to emulate them.”In September, for example, Kroger (KR) announced a new budget private label brand called Smartway, which consolidates some of its other private label brands under one umbrella. Aldi, for one, is rolling out a new tagline to explain what it’s all about: It’s An Aldi Thing.

☆ 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.

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