CG: Shots Fired in the Grocery Price War
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 13 June 2017
⏱️ 26 minutes
🧾️ Download transcript
Summary
Discount supermarket chain Aldi will be investing billions in the U.S. market over the next five years, while its fellow German-based rival Lidl prepares to open its first U.S. locations this week. But the biggest winner from this growing competition will be the U.S. consumer.
Transcript
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| 0:19.4 | Welcome to Industry Focus, the podcast it dives into a different sector of the stock market every day. |
| 0:26.0 | I'm your host, Vincent Shen, and it is Tuesday, June 13th. |
| 0:30.0 | Last week, we looked at the S1 IPO filing for Meel Kit Delivery Pioneer Blue Apron. |
| 0:36.1 | If you consider that an example of growing competition in the groceries industry, |
| 0:40.9 | at least on one end of the spectrum. Our main topic for this |
| 0:44.2 | episode comes from the opposite end in more traditional brick and mortar |
| 0:48.0 | expansion from the Germany German grocery chain Aldi. So I'll also spend a few minutes talking about interesting news from |
| 0:55.4 | Walmart and Microsoft in addition to the expansion that we're expecting from Aldi. And |
| 1:01.7 | joining me via Skype today is full |
| 1:03.9 | com contributor Dan Klein thanks for being here Dan. Oh hey Vince thanks for having me |
| 1:08.3 | sure thing so kicking off because we have a lot to talk about today, let's start with Microsoft. |
| 1:15.6 | Back in March I covered major developments in the video game industry and one of those was |
| 1:21.0 | the expected launch of a console update from Microsoft, which was at the time just called Project |
| 1:27.6 | Scorpio. |
| 1:28.6 | So I want to circle back on that story since the Electronic Entertainment Expo has officially started this week and |
| 1:35.2 | Microsoft made its big announcement giving Project |
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