You are here

European grocery rivalry expands to US as Aldi, Lidl bulk up

German private-label giants putting more pressure on conventional retailers such as Walmart Stores Inc

lidl.jpg
Discounter Lidl has overtaken upmarket Waitrose in Britain's fiercely competitive grocery market, industry data showed on Tuesday.

New York

A DECADES-LONG supermarket battle in Europe is moving to the US, adding to the competitive pressure in an industry embroiled in a deflation-fuelled price war.

Aldi, known for low prices on its private-label items, plans to spend US$3.4 billion over the next five years to

sentifi.com

Market voices on:

Powered by GET.comGetCom