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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
Fri, May 12, 2017 - 5:50 AM

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

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,...

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