Aldi hints at huge change to shopping as part of 2023 plans
These above inflation hikes have raised concerns that poorer households are squeezed further because there isn’t a cheaper alternative.
Mr Hurley defends the grocer saying shoppers care about pounds and pennies, rather than percentages, and Aldi has put the average price of an item up by 12p, less than its nearest competitor which has raised prices by 14p while discount peerWhile the cheapest, Aldi is not immune to inflationary pressures and this year its profits dived by 86% to just £36million.
Mr Hurley says that not being dictated to by public investors or buyout group’s exit timetables was the "luxury of private ownership.""Our market share and growth is very much determined by us having the lowest food prices in the UK." Mr Hurley admits that Aldi, which will have 980 stores by the end of this year has fallen short of its target of having 1,000 stores by the end of 2022.
He blames the delay on lockdowns, labour shortages, planning red tape and interference from rivals, rather than a lack of ambition.It is now racing to open 16 new shops in the last three weeks of this year and Mr Hurley says that it will reach 1,000 stores next year and keep going.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
DTM teams urge ADAC to drop double-file restarts for 2023The DTM’s move to a new promoter for 2023 offers an ideal opportunity to ditch its divisive double-file restarts as a cost-saving measure, according to leading team bosses.
Lire la suite »
Squid Game and Clarkson's Farm amongst hottest shows returning in 2023Bridgerton and The Mandalorian are also coming back next year
Lire la suite »
Karen's Diner famous for 'rude service' to customers to stop in Scotland in 2023The popular experience has racked up more than 1.5 billion TikTok views thanks to its rude and foul-mouthed staff.
Lire la suite »
13 thoughtful self-care and wellness gifts to boost their wellbeing in 2023Give the gift of calm this Christmas with these ideas for self-care and wellness presents.
Lire la suite »
DTM teams urge ADAC to drop double-file restarts for 2023The DTM’s move to a new promoter for 2023 offers an ideal opportunity to ditch its divisive double-file restarts as a cost-saving measure, according to leading team bosses.
Lire la suite »