Aldi gains 1,500,000 new customers in 12 weeks amid cost of living crisis

The discount giant recently overtook Morrison’s to become Britain’s fourth-biggest supermarket in terms of market share, according to research company Kantar.

They chalk it down to their efforts to offer the ‘lowest grocery prices’ despite a nosedive in company profits. It won’t be clear until this year’s figures are released whether the company has sacrificed profit by squeezing margins, as bosses claim, or increased it by winning over hard-up shoppers.

Thank you AldiUK 💙

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aldi vows to do ‘whatever it takes’ to keep UK price advantage\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Source: FT - 🏆 113. / 51 Read more »

Aldi boss: Shoppers are switching in their drovesThe discounter gains 1.5 million new customers in 12 weeks, says UK chief executive Giles Hurley. No, can’t beat sainsburys for me. Good subs, very reliable delivery, Nectar points, good fruit & veg (unlike Asda), and often do free/promotional items With the pound crashing Aldi will be able to buy Morrison's
Source: BBCLondonNews - 🏆 115. / 51 Read more »

Aldi boss: Shoppers are switching in their drovesThe discounter gains 1.5 million new customers in 12 weeks, says UK chief executive Giles Hurley. And you deal with real people on the tills which is a 1000% better than self-serve tills. Aldi is the best!!! Aldi and Lidl best competitors
Source: BBCNews - 🏆 3. / 97 Read more »

Aldi promises to continue to offer lowest prices despite big drop in profitsGiles Hurley, the chief executive of the supermarket chain, has made the commitment despite the company's pre-tax profits for 2021 falling more than 86% from the previous year. Only 36mil thats nothing Any overseas royalty payments taking profits offshore? Huge capex have they heavily depreciated assets? Is a lot of that not due to reinvestment in expanding the company?
Source: SkyNews - 🏆 35. / 67 Read more »

Kwasi Kwarteng seeks to reassure City bosses over UK economy\n\t\t\tGet local insights from Lisbon to Moscow with an unrivalled network of journalists across Europe,\n\t\t\texpert analysis, our dedicated ‘Brussels Briefing’ newsletter. Customise your myFT page to track\n\t\t\tthe countries of your choice.\n\t\t pls don't. every time he speaks he makes it worse. It’s a bit late.. Sure, is he high as a kite, or is that only for funerals?
Source: FT - 🏆 113. / 51 Read more »

The Big Bang Theory bosses discuss character cut from the pilotThe Big Bang Theory bosses discuss original character cut from pilot after audience 'hated her'
Source: digitalspy - 🏆 56. / 63 Read more »