Tag: staple goods
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Aldi’s Growth Strategy: Efficiency and No-frills Approach Propel Expansion as America’s Fastest-Growing Grocery Store
Aldi has emerged as America’s fastest-growing grocery store, attributed to its no-frills, efficiency-driven approach that allows it to offer lower prices. The chain is expanding rapidly, adding approximately 100 stores annually and thriving especially during economic downturns. Aldi’s strategy focuses on a compact store layout, limited product selection, and a high percentage of private label…