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‘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.

Read related topics:ColesWoolworths

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Original URL: https://www.theaustralian.com.au/business/unstoppable-aldi-is-suffocating-competition-growth/news-story/d16d34025276a849d0a7923686c5e096