With Bare-Bones Pricing, Grocer Aldi Attracts Devout Fans
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 29 May 2019
⏱️ 6 minutes
🧾️ Download transcript
Summary
Today is Wednesday, May 29, and we’re looking at Aldi vs. Walmart.
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Transcript
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| 1:05.7 | Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Wednesday, May 29th. |
| 1:10.7 | You know that weekly grocery shopping bill, plus all the little side trips for stuff I've forgotten? |
| 1:15.2 | It really adds up. |
| 1:16.5 | And so I'm all ears when I hear about ways to shrink it, just like most American consumers. |
| 1:21.8 | But with grocery margins already slim, the opportunities for supermarkets to lower prices are rare. Well, that's a mismatch |
| 1:30.3 | and a business opportunity. Millions of shoppers looking for deals, but most grocers are |
| 1:35.3 | loath to cut their profits. Further, enter the German discount grocery chain Aldi, which has |
| 1:41.3 | 1,800 stores in America. Aldi is so stripped down that it'll cost you a 25-cent |
| 1:48.2 | deposit to rent a grocery cart. And don't even think about having an employee bagged your groceries. |
... |
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