Co-founder's heirs battle for control as the retail environment gets more crowded and complex
Wed, Aug 17, 2016 - 5:50 AM
If the revamp stalls, Aldi risks falling farther behind rivals such as Lidl, which for years has sold branded goods and a luxury selection that many shoppers wouldn't hesitate to serve for Christmas dinner.
THE German supermarket chain Aldi revels in austerity, with stores reminiscent of fluorescent-lit bunkers, shelves packed with one-euro (S$1.50) cans of sliced pork and 39-US-cent "River Cola", and cashiers who only started taking credit cards last summer. That hasn't stopped a...