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Aldi raises stakes in US price war with Walmart

The German grocery chain intends to remodel 1,300 US stores and open 400 new ones

Published Thu, May 11, 2017 · 09:50 PM

Wheaton, Illinois

GERMAN grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices.

Already with 1,600 US stores, Aldi has set a minimum target of selling groceries at a 21 per cent discount to its US rivals, including Walmart Stores Inc, chief executive Jason Hart told Reuters.

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Aldi raises stakes in US price war with Walmart

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