Aldi the grocery store that performing exceedingly well that is catching up with Walmart and Kroger. It started off in Germany and has grown to having $70 billion in revenue. One of the main reasons its really low costs.
It offers a deliberately pared-down selection, sometimes a tiny fraction of the number of items sold by rivals, which helps Aldi cut costs to levels U.S. grocers can only dream of. Among other benefits, fewer items means faster turnover, smaller stores, less rent, lower energy costs and fewer staff to stock the shelves. That parsimony enabled Aldi to establish itself in Europe and then launch into the U.S.
My question to you guys is how far do you guys seeing it going?
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