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For Now, Aldi Is Top Dog In The Discount Retail Grocery Biz

April 20, 2017: 12:00 AM EST
Retail grocery analyst Planet Retail expects German food discounter Lidl to grow more robustly than competitor Aldi in the coming years, but it will not unseat Aldi as the global number one in discount food sales. Aldi’s sales in 2017 – including Aldi Nord and Süd – will total €83.3 billion ($89 billion), compared to Lidl’s €76 billion. But Lidl will catch up over the next five years. By 2022, both chains will be doing about €105 billion. The leveling out will take longer, Planet Retail says, because of Aldi’s strong, and growing, presence in the U.S., where Lidle is also beginning to establish roots. [Image Credit: © Aldi ]
"Aldi remains the number one worldwide discount store", FreshPlaza, April 20, 2017, © FreshPlaza
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