Aldi Financial News

22.09 / 17:07

Provident Digital Mobile Aldi Kroger pandemic instacart Instacart names Sequoia partner, ex-COO Ravi Gupta to board

Instacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the grocery technology company went public earlier this week. “There are new growth areas — Connected Stores, Instacart Health, AI — entire plethora of ways that the company’s going to innovate,” Gupta said in an interview ahead of the announcement. “Just being able to be around for that and provide opinions and weigh in on that is such a gift.”

10.10 / 13:09

COST UPS Aldi Aldi still gaining as food price inflation to ease, says survey

Food price inflation is set to ease, discount chain Aldi is still winning share from the majors and supplier margins are coming under pressure, according to the latest industry survey by Jarden and the Australian Food & Grocery Council.

12.09 / 10:55

Aldi UK UK inflation Grocery price inflation drops to lowest level in over a year

The measure fell to 12.2% for the four weeks to 3 September 2023.

08.09 / 16:27

Target Amazon Fighting Aldi Kroger Walmart Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries

Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger

05.09 / 20:20

Provident Booking Manufacturing PwC Aldi Insignia Packaging biz Winson Group hunts for new owner, PwC hired

Family-owned printing, packaging and labelling business Winson Group has its sell-side adviser PwC telling potential buyers to think about $208 million revenue this financial year as its founding family looks for an exit.

04.09 / 09:12

COST Lowe's Cooper Aldi Browser MPs MPs question Asda about ability to meet cost of living pressures

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27.08 / 04:03

Waves MAIL Ripple Waters Aldi Scotland: Loch Ness begins biggest monster hunt in 50 years; here's all you need to know

AFP. McKenna told BBC radio that the searchers were “looking for breaks in the surface and asking volunteers to record all manner of natural behavior on the loch. Not every ripple or wave is a beastie.

26.08 / 15:15

UPS Waves Ripple Waters Aldi Volunteer hunters embrace modern tech in fresh quest for Loch Ness monster

Loch Ness Monster. The Loch Ness Center, a renowned hub for Nessie enthusiasts, spearheaded this ambitious endeavor. Researchers hoped to solve the age-old riddle by employing cutting-edge equipment such as thermal-imaging drones, infrared cameras, and a hydrophone intended to detect underwater sounds in the lake's murky depths.

17.08 / 14:35

CEO Strategy Remark Aldi Southern country German Grocery Chain Aldi surprises US with acquisition of Winn-Dixie and Harveys Supermarkets — Details

Aldi has recently acquired a substantial portfolio of 400 Winn-Dixie and Harveys grocery stores. This strategic takeover, predominantly concentrated in the southern regions, is accompanied by the company's ambitious plans to further expand its presence across the entirety of the nation in the forthcoming years.

16.08 / 18:13

COST Strategy Aldi Southern Walmart Aldi to buy 400 Winn-Dixie, Harveys groceries in Southern US

Discount grocer Aldi said Wednesday it's acquiring 400 Winn-Dixie and Harveys supermarkets in the Southern U.S. Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the pa...

09.08 / 19:23

UPS CEO Strategy Aldi McGrath Meet the woman tasked with steering Aldi to new heights

When Anna McGrath took the reins from former local Aldi boss Tom Daunt, he told her: “Don’t hold back.”

09.08 / 13:35

COST Aldi Parke BAY performer plane Boardmasters 2023: How to travel to the Cornwall music festival by train, plane, coach and car; All you need to know

Boardmasters 2023 begins Wednesday, August 9 and will go on until Sunday, August 11, with some of the best music artists performing this year. The music festival will be held at two venues – the Watergate Bay and the Fistral beach – in Newquay, Cornwall, England.

01.08 / 16:31

COST UPS Manufacturing Aldi Nestle Europe’s lower food inflation isn’t good news for marketers

Huge hikes in food prices and other daily essentials in European markets are coming to an end. That’s the message coming loud and clear from the big European retailers and consumer-goods companies. While this should bring relief to suffering consumers, it means different challenges for supermarkets and manufacturers.

25.07 / 21:15

Aldi rock Recall These Trader Joe's cookies may contain rocks. See the products under recall

Trader Joe’s is recalling two cookie products because they may contain rocks, the grocery chain announced Friday

18.07 / 10:51

economics Aldi Food UK Drop UK grocery price inflation sees biggest drop since March 2023 peak

'It is clear that shoppers have dramatically changed their behaviour to combat inflation,' said Fraser McKevitt, head of retail and consumer insight at market researcher Kantar

16.07 / 07:23

UPS Gap Compilation Aldi UBS Woolworths, Aldi winning the supermarket wars: suppliers

Coles has narrowed the gap with Woolworths, but the dominant retailer is still performing better than its smaller rival, according to a major survey of consumer goods suppliers compiled by analysts at UBS.

30.06 / 10:55

Aldi inflation food inflation Grocery prices Chasing the ‘Aldi effect’: Why it’s hard for discount grocers to break into Canada

A push to bring more competition into the Canadian grocery sector in the form of discount European brands such as Aldi and Lidl would face steep obstacles in Canada’s fragmented marketplace, experts say.

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