Aldi experiences a 26% increase in US store foot traffic during inflation, outpacing Kroger (+6%) and Trader Joe's (+15%).
Aldi, a German-based discount grocer, has experienced a 26% increase in foot traffic in its US stores amid rising inflation, according to The Wall Street Journal. This growth is greater than that of rivals Kroger (+6%) and Trader Joe's (+15%). The store is around 6% less expensive than Walmart for a basket of 50 common items, and Aldi's CEO Jason Hart attributes the company's low prices to innovative business practices.
April 29, 2024
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