Rema 100 Denmark, part of Reitan Retail, has agreed to acquire the majority of German discount grocer Aldi’s grocery store network in Denmark. According to the company statement, Rema 100 will acquire 114 stores and three distribution centres in attractive locations which will help the company to accelerate growth and increase market share with high-quality products at low prices. “Rema 1000 Denmark has been a fantastic growth story, demonstrating the …
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German retailer Aldi Nord has announced the acquisition of some companies from the beverage firm Altmuehltaler Mineralbrunnen Group. According to Aldi’s press release, the Altmuehltaler Mineralbrunnen Group is one of the most important producers and bottlers of mineral water and non-alcoholic soft drinks in Germany and the firm employs around 400 people, jobs that will remain secure after the transaction. The deal includes production sites in Treuchtlingen (Bavaria) and Breuna …
German discounter Aldi invested €60 million ($63.2 million) in the opening of a 57,000-square-metre distribution centre located in Moita, Portugal. According to sources, the new facility, which is part of the retailer’s expansion plan announced in 2020, will supply goods to more than 150 stores and it will centralise Aldi’s logistic operations, which were previously split between the Montijo and Quinta do Anjo platforms. “We have always seen Portugal as …
German discount retail giant Aldi has opened its first Shop&Go store in London which uses state-of-the-art technology to allow customers to shop without scanning the products or going through the checkout. To use the checkout-free store, customers will have to download the Aldi Shop&Go app and register an account which will allow them to enter the store and pick up the products. Once the shopping is finished, the client just …
German discount retailer Aldi has announced an investment of £1.3 billion ($1.8 billion) in the UK over the next two years to accelerate growth and market share, according to a Reuters report. Aldi is Britain’s fifth-largest supermarket group and has experienced rapid growth over the last decade. The retailer currently has 920 stores in the UK, and is reportedly planning to use the billion-pound investment to open 100 new stores, …
French-based retailer Casino Group has announced the agreement to sell 567 Leader Price stores and 3 warehouses to Aldi in France for an enterprise value of €735 million ($787 million). The sale is said to be in line with Casino Group’s strategy to reduce debt and improve its financial situation, reportedly amid fierce competition between French domestic retailers. According to the company, the agreement will see the transferred Leader Price …
German discount retailer Aldi is planning to open two physical stores in China, according to reports in Retail Detail and the South China Morning Post. The stores are to be located be in the Shanghai region (in the Jing’an and Minhang districts), supplied by a new distribution centre also to be built in the locality. Aldi has been present in China as an online store since 2017 via Alibaba’s online …
German discount retailer Aldi is expanding into convenience store retailing in the UK with the launch of new small format stores under the banner Aldi Local. Said to be aimed at urban consumers, Aldi Local is described as carrying around 1,500 lines, 300 fewer than a conventional Aldi store. INews reports that the first test store, which is located in Balham, has a floor area of around 600 sq m, …
Aldi Sud and Aldi Nord, the two divisions of the discount retailer Aldi in Germany, have joined forces to launch a new private label brand of high-welfare fresh poultry called Fair & Gut (‘Fair & Good’). The Fair & Gut brand is said to bring together a disparate range of welfare standards under a single umbrella. The range, which is described as being somewhere between traditional farming methods and organic …
German discount retailer giant Aldi has announced that it is going to close 32 stores in Denmark, after the retailer made a loss for the second consecutive year, according to a report in ESM. According to sources, the reason behind the decision was a reported loss of 246 million DKK ($37.1 million) in 2016, which was still 54 million DKK ($81.6 million) more than the previous year. According to Thomas …
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