German discounter Aldi has its eyes set on London after a successful test with a proximity store in Balham. Just ten days ago, arch rival Lidl also announced a plan to conquer London.
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Discounter Aldi has almost doubled its Fairtrade turnover to become the largest retailer in the Fairtrade market in Belgium, with a market share of 16 % - compared to just 10 % the year before. Bananas and roses are the fastest growing products.
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As Aldi opened its first two Chinese supermarkets in Shanghai, early images suggest that Aldi is aiming for a higher position in the market in China than it has here. There was no lack of interest, with long queues at the entrances.
German discounter Aldi will open its first two stores in China on 7 June. The two stores in Shanghai mark the beginning of an ambitious expansion scheme on the huge Chinese market, in which the retailer hopes to convince the growing middle class.
Organic products are becoming increasingly important in Aldi's range, which is upsetting the organic market: the German discounter is worrying other players with its rock-bottom prices.
Discount retailer Aldi has adjusted the pricing strategy for its domestic market: the current low fixed prices for certain products will be raised, so that promotions on A-brand products can be expanded.
Swiss distribution group Micros saw its annual turnover grow by 1.4% to 28.5 Swiss franks in 2018. Earlier, its rival Coop also significantly increased its turnover and reached the milestone of 30 billion CHF for the first time.
In London, Aldi Süd has opened a compact store under the moniker Aldi Local. With this new formula, the discounter is moving into the field of convenience stores. Aldi is also trying out urban concepts elsewhere.
Large mainstream retailers can’t find an adequate answer to the power of hard discounters, multinationals see the value of their brands decrease: private label is causing a true revolution, says expert Koen de Jong of IPLC.
Current Aldi Belgium CEO Hendrik Van de Walle is promoted to the discounter's international level as he becomes a member of the board of Aldi Nord. This way, the board becomes ever more international.
British supermarket chain Tesco has announced another thorough restructuring. A total of 9000 jobs are in the balance, both in the main office and in the stores. Service counters will disappear in 90 stores.
Hard discounters Aldi and Lidl are being challenged in Germany: a new competitor claims to be 20 % cheaper: Russian price fighter Torgservis will open its first store in Leipzig on 29 January.
Aldi Nord, which also includes the Belgian and Dutch outlets, plunged into a loss in its home market for the first time ever. The substantial loss ("eight digits") was caused by a disappointing turnover and heavy investment costs.
Aldi has started its biggest marketing campaign yet in Belgium. For the first time, the German discounter comes out all guns blazing to highlight a string of positive results in quality comparisons.
As expected, Torsten Hufnagel has been named new CEO of Aldi Nord. At the start of this month, Marc Heissinger had suddenly given up his position as top executive at the parent company of all Belgian and Dutch Aldi stores.
Since announcing a new store concept last March, Aldi has already remodelled 100 Belgian stores, with 60 more to come before the end of the year.