Aldi has been making headlines recently for various reasons, including a successful Christmas sales period with an 8% increase in sales, the launch of a limited-edition Christmas toy that caused a shopping frenzy, and a dispute with dessert brand Pleese over product names and flavors. Additionally, Aldi announced plans to invest £550 million in the UK to open new stores and upgrade existing ones, creating over 1,500 jobs. The supermarket chain's growth and competitive strategies have positioned it as a key player in the retail industry, alongside other major chains like Sainsbury's and Next.
Aldi is a German family-owned discount supermarket chain founded by brothers Karl and Theo Albrecht. With over 10,000 stores in 20 countries and an estimated turnover exceeding €50 billion, Aldi has established itself as a global retail giant. Known for its no-frills approach, focus on quality products at affordable prices, and limited product selection, Aldi has attracted a loyal customer base and disrupted traditional supermarket models. The company's commitment to expansion and innovation, as seen in its recent investment plans, reflects its ongoing success and influence in the competitive retail market.
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Dessert brand Pleese says Aldi is using an almost identical product name, slogan and flavours.
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There should be even more in London soon, too.
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Sainsbury’s complained to the Advertising Standards Authority
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Morris the Caterpillar Cake was described as a little disappointing
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Marks & Spencer has been named the nation's favourite supermarket for the third consecutive year, according to a survey by Which?
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UK grocery price inflation drops to 5.3% in February, the lowest rate since March 2022.
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Aldi to invest
£550 million in opening new stores and upgrading existing ones in the UK, creating over 1,500 jobs.
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Norman Brennan, a retired police officer, was fined for briefly driving the wrong way down a one-way street while pursuing a shoplifter, who was not fined or cautioned after the manager of the store declined to press charges.
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Houthi rebels in Yemen have been attacking commercial vessels in the Red Sea, leading to disruptions in global trade and a surge in oil prices.
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German discounter Aldi reported sales up 8% in the four weeks to Christmas Eve, while Lidl notched up 12% growth.
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Major retail chains in the US are adjusting their hours for New Year's Day 2024, with some closing early or entirely.
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Frasers Group reports decline in luxury division sales amidst global luxury market softening.
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A salmonella outbreak linked to tainted cantaloupe has killed eight people in the US and Canada, with dozens more falling ill.
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At least 43 people in 15 states have been infected with salmonella after consuming contaminated cantaloupe products, leading to hospitalizations.
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Aldi's limited-edition Christmas toy causes a frenzy, while Tesco trials 'no-scan' tills and olive oil thefts rise in Spain.
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Sainsbury's and Next report growing profits, with Sainsbury's claiming to win back sales from discounters Aldi and Lidl, and Next's profits boosted by cooler weather.