". . . . when Walmart’s US CEO Greg Foran invokes words like “fierce,” “good” and “clever,” in speaking almost admiringly about one of his competitors, he’s not referring to Amazon. He isn’t pointing to large chains like Kroger or Albertsons, dollar stores like Dollar General or online entrants like FreshDirect and Instacart.
Foran is describing Aldi, the no-frills German discount grocery chain that’s growing aggressively in the United States and reshaping the grocery industry along the way."
“Profits are razor thin.”
“. . . .Aldi has built a cult-like following.”
Above are excerpts from a long article about Aldi. Read the entire piece here: