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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.
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 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.
REUTERS/Toby MelvilleSept 22 (Reuters) - Retailers in Britain are looking to increase pay and attract staff in a tight labour market, as workers are increasingly taking to strike action amid a cost-of-living crisis in the country. read moreRegister now for FREE unlimited access to Reuters.com RegisterMARKS & SPENCERMarks & Spencer (MKS.L) said on Sept. 21 it would pay a minimum of 10.20 pounds, up from 10.00 pounds, from Oct. 1. read moreSAINSBURY'SSainsbury's (SBRY.L) said on Sept. 13 it will from Oct. 16 pay a minimum of 10.25 pounds, up from 10.00 pounds, and 11.30 pounds in London, up from 11.05 pounds. read moreTESCORetailer Tesco (TSCO.L) in September started to offer better perks to its workers including free food and essentials. read moreMORRISONSMorrisons on June 10 said it would pay a minimum of 10.20 pounds from October, with London workers paid a minimum of 11.05 pounds.
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.
London (CNN Business) Much of Britain will come to a standstill on Monday for the funeral of Queen Elizabeth II . A company spokesperson told CNN Business that its venues would open on Monday "for communities to gather to mourn and reflect together on the life of the Queen." Travelodge, which has 78 budget hotels in London, said its staff were working "around the clock" in preparation for the Queen's funeral. Most major supermarkets — which normally remain open on public holidays for a reduced number of hours — are planning to close for the funeral. Apple AAPL confirmed to CNN Business that it would close all of its 39 stores in the country on Monday.
London (CNN Business) Much of Britain came to a standstill on Monday for the funeral of Queen Elizabeth II . A company spokesperson told CNN Business that its venues would open on Monday "for communities to gather to mourn and reflect together on the life of the Queen." Travelodge, which has 78 budget hotels in London, said its staff were working "around the clock" in preparation for the Queen's funeral. Most major supermarkets — which normally remain open on public holidays for a reduced number of hours — are planning to close for the funeral. Apple AAPL confirmed to CNN Business that it would close all of its 39 stores in the country on Monday.
Supermarkets, fast food chains, gas stations, and cinemas across Britain will close on Monday. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Gas stations operated by the supermarket chains will also close, with some reopening after 5pm. KFC will also close many of its restaurants until after the funeral has taken place, it said on its website. The British Retail Consortium has published a list of chains not opening on Monday here.
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Persons: Chase, , you'll, We're, cardholders, You'll, there's Organizations: Mastercard, Service, Chase Travel, Aldi, CVS, Chase Travel Center, Elite Mastercard, American Express, U.S, Walmart, Target Locations: Instacart.com, U.S
Trader Joe's has about 560 US stores, employs more than 10,000 people, and makes an estimated $16.5 billion in sales per year. Trader Joe's average customer is a married person in an urban area who is 25 to 44 years old, earning $80,000. Analytics firm Numerator found that the typical Trader Joe's shopper is white or Asian and between 25 and 44 years old, according to its data. The typical customer visits Trader Joe's 13 times per year — and picks up 15 products for a total cost of about $41.69 per trip, Numerator found. About 2.4% of their spending takes place at Trader Joe's, compared to the 8% they spend on Amazon.
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
Sectoarele care au nevoie stringentă de mână de lucru, precum supermarketurile, abatoarele şi exploataţiile agricole, sunt primele care au adoptat astfel de iniţiative. Un gigant din industria cărnii, JBS, propune 100 de dolari angajaţilor vaccinaţi şi a distribuit documente în mai multe limbi pentru a insista asupra siguranţei şi eficacităţii vaccinării. La jumătatea lunii martie, aproximativ o treime dintre cei 60.000 de angajaţi ai săi primiseră deja o primă doză de vaccin anti-COVID-19. Mai multe lanţuri de supermarketuri acordă angajaţilor lor vaccinaţi despăgubiri ce constau între două şi patru ore plătite. Anumiţi angajaţi pot să se prevaleze de excepţii din motive medicale sau religioase.
Persons: Reuters, Anumiţi, Reiss Locations: Statele Unite, american, Cleveland, Ohio
В британском городе Стивенидж посетительница супермаркета Aldi устроила погром. В результате ей удалось за пять минут разбить около 500 бутылок с алкоголем, сообщает Mirror . По словам очевидцев, женщина в полном молчании и с отсутствующим выражением лица громила бутылки с вином, пивом и крепким алкоголем и поранила руку об осколки. Один из посетителей попросил ее успокоиться, женщина швырнула в него бутылкой джинаб, передает yandex.ru. Охраннику магазина удалось справиться с дебоширкой и вывести ее из магазина, а позже ее арестовала полиция.
Locations: Стивенидж
I'm an entrepreneur in Eden Prairie, Minnesota and have a husband and daughter under 3 years old. I tracked my spending for a week in October and expected to spend mostly on groceries, but was surprised by how much my regular bills cost me. I also had an emergency car expense this week, and shelled out for new holiday decorations and winter clothes for my family. I'm an entrepreneur in Eden Prairie, Minnesota earning six figures from two businesses — a bakery and a marketing firm. I have a husband, who works part-time, and one child under 3 who attends preschool three days a week.
Persons: , I'm Organizations: Service, Aldi Locations: Eden Prairie , Minnesota
Оригинальные немецкие бренды бытовой химии доступны и для молдавских покупателей в магазине «Moidodir». Магазин предлагает товары самых известных в Европе сетей и полную гарантию качества. Представляем вам единственный официальный в стране магазин оригинальных немецких брендов бытовой химии, средств гигиены, ухода за собой и других товаров для дома — «Moidodir». Магазин предлагает товары четырех самых известных в Европе сетей: Rossman, DM, Lidl, Aldi, полную гарантию качества своей продукции, а еще доступные цены для оптовых и розничных покупателей. М.Горький, 3), а также онлайн магазин moidodir.md , где можно заказать товары с доставкой на дом.
Persons: Douusy Dentalux, М.Горький Organizations: Denk Locations: Aldi, Cien, Formil, Европа, Германия, Кишинев, Единец
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