Discount Grocers Grow, Thanks to Inflation...and Social Media
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 19 October 2022
⏱️ 6 minutes
🧾️ Download transcript
Summary
Today is Wednesday, October 19 and we're looking at Aldi vs. Grocery Outlet.
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Transcript
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| 0:00.0 | Wonderly Plus subscribers can listen to Business Wars daily ad-free right now. |
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| 0:08.5 | If you or someone you care about has cancer, |
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| 0:49.2 | Thank you. From Wondry, I'm David Rown, and this is Business Wars Daily on this Wednesday, October 19th. |
| 1:09.4 | We've said it before, we'll say it again. |
| 1:11.2 | Inflation is touching just about every part of life these days, and that includes, of course, groceries. |
| 1:16.7 | We recently told you how dollar stores are expanding their lineup of produce and canned products |
| 1:21.5 | as folks continue looking to them for cheaper options. But it turns out, good old-fashioned discount |
| 1:26.5 | grocery store chains are also benefiting |
| 1:28.6 | from sky-high prices at standard outlets, and the people causing that growth at these discount chains |
| 1:35.1 | might not be who you think. You've probably heard of Aldi. The discount grocery chain is on |
| 1:41.5 | track to become the third largest grocery retailer discount or not by the end of the year based on store count. |
| 1:47.8 | Right now, over 2,000 locations have cropped up across most of the U.S., though if you live in the Pacific Northwest or Great Plains, you probably don't have one yet. |
| 1:58.2 | Aldi's business model is pretty straightforward. |
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