Grocery deflation continues to tumble as Aldi and Lidl ramp up supermarket price war December 16, 2014 The supermarket sector has nudged back into growth after the surprise decline recorded last month. Figures out today from Kantar Worldpanel show that for the 12 weeks to December 7, the grocery market grew 0.1 per cent. The data company said this was down to “shoppers putting slightly more in their baskets compared with [...]
Lidl and Aldi see spending growth soar over 30pc December 14, 2014 Discount supermarkets, such as of Lidl and Aldi, are on track to be the clear winners in the lead up to Christmas with year-to-date spend growth of 31 per cent. Meanwhile, their mainstream rivals, including the big four of Tesco, Asda, Sainsbury’s and Morrison’s, have seen spending fall 4.1 per cent in the same period, [...]
Why you won’t find Black Friday discount deals at Aldi and Lidl summed up in a single tweet November 28, 2014 Aldi has taken an overt swipe at its supermarket rivals over Black Friday deals with a single tweet. As shoppers wrestled each other over discount deals in Tesco and Asda, Aldi tweeted: "Hmm, we think we did #BlackFriday last week. Although it was just called 'Friday'. And it's the same every day!" Hmm, we think [...]
Aldi takes on Fortnum & Mason and Selfridges with luxury wine discounts this Christmas November 25, 2014 German discounter Aldi is going up against the likes of luxury retailers Fortnum & Mason and Selfridges this Christmas. It's offering a new range of "Super Premium" fine wines, in a bid to attract more luxury shoppers to its stores. The high-end drinks will retail for around 78 per cent less than their usual market [...]
Aldi gives us a Lidl bill of the week for Christmas #FestiveFeast with chef Jean-Christophe Novelli November 24, 2014 The Cotes du Rhone and Riesling were free-flowing at terribly trendy Home House members club last night, but it wasn’t serving its usual crowd. Discount supermarket warrior Aldi was hosting its #FestiveFeast, along with celeb chef Jean-Christophe Novelli – serving a five-course Christmas meal to a room full of customers who won their seats [...]
Matthew Barnes takes the Aldi reins solo as Roman Heini returns to Germany November 21, 2014 Aldi is restructuring its top team in the UK and Ireland, with Matthew Barnes taking over as chief executive from April next year. Barnes has been joint group managing director for Aldi UK and Ireland, alongside Roman Heini, since 2010. Heini is stepping down from his, instead taking on the position of chairman [...]
Supermarkets Sainsbury’s, Tesco and Morrisons told they must shrink to survive in war against discounters Aldi and Lidl November 17, 2014 Supermarkets need to dramatically scale down their store estates if they want to stop haemorrhaging sales and return to growth, according to analysts at Goldman Sachs who sent a stark warning to the retail industry. In a research note published yesterday, Goldman Sachs said Sainsbury’s, Tesco and Morrisons must cut space by around 20 per [...]
From Aldi to PwC: the year’s heroes revealed November 13, 2014 The 2014 City A.M. awards were as glamorous and entertaining as ever with guest speaker Sir Martin Sorrell kicking off an exciting ceremony with 14 awards given THE GRANGE St Paul’s Hotel was packed to the rafters last night with some of the City’s favourite faces as the City A.M. awards took its annual place [...]
David Cameron and George Osborne give Aldi thumbs up after 35,000 jobs pledge November 10, 2014 It's not just bargain hunting shoppers and those looking for the best tipple who love Aldi – now the Prime Minister and chancellor have told the world of their love for the German grocer. David Cameron and George Osborne today welcomed the news that Aldi has pledged to create 35,000 new jobs in the [...]
Premier Foods’ share price tanks as Aldi, Lidl and online shopping weigh on manufacturer October 23, 2014 Food manufacturer Premier Foods reported lower third-quarter sales yesterday, hit by consumers turning to online shopping or discount chains that stock their own brands for groceries. Shares tanked 14.6 per cent on the disappointing results yesterday to close down at 29.25p. “Market conditions in the third quarter have proved to be increasingly demanding with unprecedented [...]