Aldi and Costco are aggressively expanding into the Australian market, with Costco's profit surpassing Aldi's revenue.
1 report, 1 independent
Updated Sep 8
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What happened
Aldi and Costco are aggressively expanding into the Australian market, with Costco's profit surpassing Aldi's revenue.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Aldi
brand name of two global discount supermarket chains
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Costco
American multinational chain of membership-only stores
Related events
- Aldi is launching major expansion plans in the US and UK, aiming to match Costco and take market share from rivals like Walmart.
- Discounters are gaining market share pressure.
- Aldi is importing UK treats and making them available in Australian stores.
- Aldi planned to open a new location in the city of Merriam.
- Aldi is increasingly likely to surpass Asda, and Tesco is following Aldi's price movements on matched goods.