Global Retail
posted by Retail News From the Guardian
‘Aldi Effect’ Fades As Big Four Hit Back And Consumers Lose Taste For Austerity Shopping
Aldi’s stores in UK and Ireland fell to a £58m loss last year on sales of £2bn, while its smaller Danish rival Netto has quit the country, selling its stores to Asda. Recent market share figures from Kantar show upmarket chains Sainsbury’s and Waitrose are the stars on the rise, with both chains gaining market
