Aldi Continues To Deliver Grocery Value, Strong Sales

Thanks in part to strong sales from its newly-launched premium product range, discount grocer Aldi reported a 15 percent increase in U.K. sales in December. The company opened 70 new stores in 2016, and plans to open 70 more this year. An industry analyst said shoppers are embracing value players like Aldi, which emphasizes value and quality, while bracing themselves for difficult economic times ahead. Analysts are expecting more conservative sales improvements from other grocery retailers, like Morrisons and Tesco, of about one percent. [ Image credit: © Rayon- Boissons, Wikimedia  Commons]