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Aldi (stylised as ALDI [6]) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. [7] [8] The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate ...
The food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010. Tesco is the largest retailer in Great Britain, with a market share of 27.5% at the end of 2022. [ a][ 1] However, discounters Lidl and Aldi have grown rapidly. [ 1]
A horse in a field next to mountains. The 2013 horse meat scandal was a food industry scandal in parts of Europe in which foods advertised as containing beef were found to contain undeclared or improperly declared horse meat —as much as 100% of the meat content in some cases. [1] A smaller number of products also contained other undeclared ...
Matthew Campbell Barnes (born 7 May 1973) [1] is a British businessman, and the Chief Executive of Aldi UK & Ireland. [2] He joined Aldi in 1997 as a graduate.
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In 2018 Tesco began phasing out Everyday Value in favour of "tertiary brands" such as "Ms Molly's", "Hearty Food Co." and "Stockwell & Co.", in effect imitating what Aldi and Lidl do and reviving a previous attempt in 2009 known as 'Discount Brands at Tesco'. [4] In 2023 Tesco released a clothing range featuring the original Tesco Value branding.
Major discount grocery store retail chains in the U.S. include Aldi, Lidl, Save-A-Lot and Grocery Outlet. [4] Currently Aldi and Lidl are the largest discount retailers in the world operating more than 25,000 discount stores worldwide between them. [5]
They’re also inexpensive. “The Lofthouse Valentine’s Frosted Sugar Cookies are also worth buying at Aldi, as they are only $3.95 for 13.5 ounces,” Phillips said. “You will get a 13% ...