Business
How Aldi plans to disrupt many ASX retail shares
There is talk that Aldi is developing a plan to disrupt many ASX retail shares.
A few years ago there was commentary that Aldi was going to continue to hurting supermarket businesses Coles Group Ltd (ASX: COL) and Woolworths Group Ltd (ASX: WOW).
Our local food retailers were finding it tough – Aldi was expanding its number of stores and the lower prices made Coles and Woolworths think they had to compete on price too.
But then Woolworths brought in a new CEO and concentrated on other things that consumers wanted like store locations, convenience options inside the supermarket, a greater range of products and online delivery. It didn’t have to just be about the lowest price.
COVID-19 has completely changed the retail…
-
Noosa News14 hours agoExperts share tiny home warning as interest from young people soars
-
Noosa News20 hours agoKarenia cristata species source of toxins in SA’s algal bloom, scientists believe
-
Noosa News19 hours agoThe Calile Hotel Named on the World’s 50 Best Hotels List
-
Noosa News13 hours agoExpert’s warning as tourists stunned by hundreds of sharks spotted close to shore at Moreton Island, Queensland