X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

An analyst quoted in this New York Times article poses an interesting theory: Deep discounter Aldi will one day compete head-to-head with Wal-Mart. We hadn’t heard this one before.According to this online fact sheet, the closely held German grocer has 950 stores in the US and this year will open more than 100 units here, entering Florida and Rhode Island. Texas is on tap for next year.It seems like there is room for the chain’s growth, especially during these times when many tenants have either cut back on their expansion plans or are closing stores. Plus, with the current economic conditions being what they are, 99-cent heads of lettuce and $3.49 frozen pizzas don’t sound too bad.We know that Aldi has created a lot of buzz in this industry for years, but they’re awfully quiet. To compete with the juggernaut that is Wal-Mart, wouldn’t the chain have to ramp up its marketing efforts and launch a higher profile. Or would that just spoil a good thing?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.