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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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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