Aldi is launching major expansion plans in the US and UK, aiming to match Costco and take market share from rivals like Walmart.
2 reports, 2 independent
Updated Jul 4
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New informationRepeats or wire copies
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What happened
Aldi is launching major expansion plans in the US and UK, aiming to match Costco and take market share from rivals like Walmart.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Aldi and Walmart are competing on grocery prices, with the situation being influenced by the trade war with Canada.Sub-event
- Aldi is expanding into St. Tammany Parish with a new store in Mandeville, while Trader Joe's follows successful locations in Metairie.Sub-event
- Aldi announced plans to open 800 new stores as part of its major expansion strategy.Sub-event
- Aldi announced its expansion into the Colorado market.Sub-event
- Aldi plans to build new stores in Keynsham, Eastfield, and Devizes.Sub-event
Aldi is expanding globally and competing directly with Costco and Walmart.1 source
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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
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Walmart
U.S. discount retailer based in Arkansas
Related events
- Aldi planned to open a new location in the city of Merriam.
- Aldi and Costco are aggressively expanding into the Australian market, with Costco's profit surpassing Aldi's revenue.
- Aldi is increasingly likely to surpass Asda, and Tesco is following Aldi's price movements on matched goods.
- Aldi is expanding its footprint in the Charleston area.
- Aldi is cutting prices on a third of its products in the Acadiana region.