‘Unstoppable’ Aldi is suffocating competition growth
Now Australia’s most profitable supermarket, Aldi is wresting huge market share from Coles and Woolies | WATCH
Aldi is an “unstoppable force” in Australia’s frail supermarket sector, according to a detailed report from UBS.
Not only is the newcomer the most profitable supermarket chain in Australia but apparently it is best-placed to win a price war with the heavyweights, Weafarmers, Woolworths and Metcash.
The staggering growth numbers from Aldi will be keeping those giants up at night.
Also in today’s Best 3 video: 1,500 props from the show Mad Men are being auctioned off tomorrow, and what skateboarding is like in zero gravity.
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